Escrivá and the centrals are now studying new conditions after CEOE’s ‘no’ to the 0.6 point rise introduced by the last proposal
The Government and unions advance to close an agreement to raise the social contributions of workers to pay for future pensions. The patronal, for its part, it has distanced itself from the pact, which turns the negotiations upside down; as confirmed by various sources of social dialogue. The Ministry of Social Security and the centrals negotiate against the clock and give themselves the remainder of the day to finish polishing the last proposal of the Executive, which provided for an increase in quotas of 0.6 points for 10 years. Now with the CEOE Out of the equation, the unions will demand to mold the conditions more towards their interests, which could happen by increasing the contributions and / or the period of validity of the increase; among others. The conversations go against the clock
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“The Executive Committee of CEOE has today rejected the Government’s proposal in relation to the Intergenerational Equity Mechanism for pensions,” reads the statement issued by the Spanish employers’ association.
Escrivá’s latest proposal contemplated an increase in social contributions by 0.6 points between 2023 and 2032. In order to feed a pension money box to cushion the progressive increase in public spending on the pension payroll when gradually the ‘baby boom’ generation is retiring. The goal is to raise some 2,600 million euros per year, which, added to the financial income that the management of said fund could generate, could leave a final figure of about 41,000 million euros; according to social dialogue sources.
Reference-www.elperiodico.com