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Published 14 days ago

More and longer pensions: collection time in Spain exceeds 19 years for the first time

Summary by Vozpópuli
In Spain, 10.15 million pensions of different types are paid every month to just under 9.2 million pensioners, according to the latest data provided by the National Social Security Institute. The last payroll, the one corresponding to the month of April, has meant an outlay of 12,711 million euros for the public coffers, which will result in the payment of nearly 180 billion euros for the year as a whole, with regard to contributory pensions alo…

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