Thousands of pensioners take the center of Oviedo

Little by little, the message has been permeating society. The pensioners have long been denouncing the pyrrhic increases that the government has applied to the incomes they have received since 2012, measures that have resulted in a loss of their purchasing power of 7%. And the situation will worsen in…

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The thymus of the ball to privatize pensions

“Danger! Social Security is in deficit! So pensions can not be maintained; the system has to be reformed and the best way to do this is to partially privatize the public pension system “. This is the usual chant, a mastodontic lie that even many people with left sensibility eat…

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A silenced inequality: the pensions of civil servants

If you have contributed to the general Social Security scheme, you can only retire with 100% of the regulatory base if you have reached 65 years of age. And if you wish, voluntarily, to retire before, you can do it when you are 63 years old and losing between 8%…

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Pensions: The fucking old men on the warpath

Old fucking. I adore you. I admire you. I love them. Today they sow the Spanish streets of fury and of baba and of shouts and that after shave of garrafón that they spend, I shit in ten. I look at the images and enjoy them as in an epic…

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The four threats to pensions that Fátima Báñez ignores

The disappearance of the ‘piggy bank’ and the high indebtedness, the collapse of salaries and the reduction of public employment, the gap between contributions and pensions and the disparity generated by the bonuses demand solutions to guarantee the viability of Social Security

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Chile’s pension system, model of privatization for many, crumbles

Luis Montero, 69, a protester whose monthly pension is approximately 150 dollars (about 100,400 Chilean pesos), participated in the march. Like many, Montero has worked mainly in informal jobs without a contract, with income too low to save for retirement. He still does maintenance work in a school so that…

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Open a pension plan? 90% is less profitable than Spanish debt

Government attempts to increase the brightness of pension plans contrast with their results. At least, in a generalized way, since the average profitability of these products during the last 15 years is 3% per annum, against 8.2% yields on the part of the Ibex 35 and of 4.6% of Spanish…

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