Expenditure on Pensions in Spain Reached €14.470 Million in August, 6.2% More
9 Articles
9 Articles
A high rate of taxation does not automatically mean a high tax burden. For many pensioners, in the end, there are other limits and deductions.
Almost three quarters of the August contributory pension payroll was for retirement pensions
The payroll of pensions reached 14,470 million euros in August, 6.2% more than in the same month last year.
This month of August, the Social Security has allocated the historical figure of 14,470.4 million euros to the payment of contributory pensions, an increase of 6.24% over the same month of the previous year. This sustained growth in the monthly payroll beats maximums every month and threatens the sustainability of the system before the arrival in the next few years of a flood of new pensioners. Of the monthly payroll, as usual, almost three quar…
The expenditure that has had to face Social Security this month of August to pay the payroll of the 9.5 million pensioners that exist in our country has reached a new record with 14,470 million euros, 6.2% more than in the same month of the previous year. As it is happening month by month since the reform of the pensions carried out by the former minister - and now governor of the Banco de España - José Luis Escrivá, this sensational increase is…
In this month of August the Social Security has allocated the record figure of 14,470.4 million euros to the payment of the regular monthly payroll of [...]
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