Social Security will cut the pension by 10% for workers with 40 years of contributions who retire two years early from 2027, but only if they exceed the maximum

In Spain, Social Security allows workers to advance their ordinary retirement age voluntarily up to a maximum of 2 years in exchange for a cut on the pension in the form of a percentage, which, with 40 years of contributions, is 19%. Now, the regulations also explain that if the resulting pension before applying this …