About 70% of the 1.1 million old-age pensioners receive a pension of up to €1,000. And of these, the majority of pensions do not exceed 600 euros. The findings are based on a survey conducted by the National Statistical Institute (INE), published this Wednesday to mark World Social Security Day.
This profile of old-age and disability pension recipients provides important data for assessing the importance of statutory social protection schemes, the point at which beneficiaries chose to become pensioners and how their standard of living has changed since that choice.
Thus, the possibility of retirement is considered as one approaches adulthood (which in 2023 was 66 years and four months). From 65 to 69 years old, 73.4% are asking for an old-age pension. If we look at the population of people aged 70 to 74, 94% have already applied for an old age pension.
There is also a direct relationship between the educational level of pensioners and the size of the pension. Thus, 70% of recipients of pensions above 2000 euros had higher education.
At the time of transition to retirement, 57.5% of respondents answered that they stopped working as soon as they received their first old-age pension. Of these, the reasons that prompted them to stop working for 67.2% were reaching the right or age to receive a pension, and 16.4% cited reasons for stopping professional activity due to health or disability.
Lack of money leads to the fact that 46.5% are forced to work.
According to the INE survey, of pensioners who continued to work after receiving their first pension, about 46.5% justified this option due to the “financial difficulties” they faced living only on this benefit.
About 30.8% justified the continuation of their professional activities by the desire to continue to work productively, and 10.9% explained it by the “need to remain socially integrated.”
Increase of 70 euros retroactive to January.
The National Confederation of Pensioners and Pensioners (MURPI) is demanding an increase in all pensions by at least 70 euros, retroactive to January.
In a statement on the occasion of World Social Security Day, MURPI believes that “the adequacy of the public pension system for the future requires strengthening it, eliminating the inappropriate application of the sustainability factor”, and wants to invest in the public safety net.
Author: Miguel Alexander Gagnan([email protected])
Source: CM Jornal
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