It proposes keeping automatic CPI indexation of pensions and raising minimum and non-contributory pensions above CPI; its leader has backed scrapping tax breaks for private pension plans.
The party backs CPI indexation of pensions, proposes penalty-free retirement after 40 years of contributions (bill admitted in 2025) and wants tax deductions for private pension plans removed.
The party says it backs CPI indexation of pensions and wants reform negotiated inside the Pacto de Toledo, but it voted against validating the March 2023 pension-reform decree, which it argued opened the door to lower pensions.
The party proposes yearly pension increases in line with CPI, guaranteed by Law 21/2021 within the Toledo Pact. It favours occupational pension plans over individual ones, which carry a smaller tax deduction.
serán incrementadas al comienzo de cada año en el porcentaje equivalente al valor medio de las tasas de variación interanual expresadas en tanto por ciento del Índice de Precios al Consumo
The party proposes a mixed model combining the public pay-as-you-go system with individual capitalisation accounts, with no explicit CPI-indexation pledge, and voted against the CPI-linked pension increases (2021 and 2026).
serán incrementadas al comienzo de cada año en el porcentaje equivalente al valor medio de las tasas de variación interanual expresadas en tanto por ciento del Índice de Precios al Consumo
PP
PSOE
Vox