Editorial: La Vanguardia

• The Government, trade unions, and employers have agreed on the last phase of the pension reform improving the functioning of the current system.
• The new measures include the improvement of active retirement, reduced retirement age for dangerous jobs, incentives for workers wishing to delay retirement, and a new collaboration framework between autonomous communities and mutual societies.
• There are doubts about the validation and approval of this new agreement in the Congress of Deputies.
• Parliamentary endorsement for the pension agreement should not be limited to the government's partners, but should also count on the votes of the Popular Party.
• The sustainability of the pension system is a matter of debate and automatic revaluation of pensions based on inflation could incur unbearable costs for the state.
• The Minister of Inclusion, Social Security, and Migrations, Elma Saiz, stated that in 2025 Airef will evaluate the sustainability of the system with a closure clause allowing for measures to be taken in case of exceeding the projected expenditure.

Conclusion: While agreements in favor of pension reform have been signed, the system's viability and sustainability remain to be confirmed until 2025.

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