• The actual retirement age in Spain reached a historic high of 65.3 years in August 2025, just 1.5 years below the legal limit for workers with less than 38 years and 3 months of contributions.
• This increase represents a significant rise compared to the 64.4 years recorded in 2019, driven by deferral incentives in place since 2022 and the restructuring of the pension framework.
• Deferred retirements now account for 11.4% of the total, compared to 4.8% in 2019, while early retirements have plummeted 12.4% over the past five years.
• In August, the Social Security allocated 13.62 billion euros for pension payments, 6.17% more than the previous year, benefiting nearly 9.4 million people.
• The average pension for new retirees (1,613 euros) exceeds the average salary of workers under 30 years old by approximately 200 euros, intensifying the debate over the sustainability of the system.
Perché è importante
Questa tendenza segna uno spostamento strutturale che influisce sulla sostenibilità del sistema pensionistico spagnolo e genera tensioni intergenerazionali, con implicazioni a lungo termine per il mercato del lavoro e le future politiche sociali.
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di ikteish