The working life report is the document where all the professional career of a worker and his social security contributions are collected. But sometimes, this report generates doubts, especially when those known as “overlapping periods” appear. Given this, doubts assault as have I quoted as double days? Or how does it affect when calculating the amount of the retirement pension?
To understand how it works, Alfonso Muñoz Cuenca, Social Security official and pension and benefits expert, explains how all doubts of those workers who have compatibilized several works work.
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He explains that first we have to differentiate between multiple and multi -activity and how each of these influence social security contributions. In his video uploaded to YouTube, he clarifies that having several jobs at the same time does not multiply the quoted days, but he can increase the amount of the pension.
Difference between multi -employment and multi -activity
As Muñoz Cuenca explains, “when a worker combines several works we can talk about two well -differentiated situations: multi -employment and multi -activity.” Understanding in which of them we find is the first step to know how it will affect our benefits.
- Pluriempleo: It occurs when a worker has several jobs on their own and, therefore, quote several different companies, but always within the same social security regime (generally the general regime). “In this case,” says the official, “the contribution bases will be added, always taking into account that they cannot be lower than the minimum base or higher than the maximum contribution base.” This means that, for the purpose of calculating the pension, the sum of the wages will be taken into account, with the legal ceiling established each year.
- Pluriactivity: It occurs when a worker simultaneously trades in two different regimes. The most common case is that of a person who has a job on behalf (general regime) and, at the same time, exercises an activity on their own (Special Regime of Autonomous Workers or Reta). Here, the consequences vary. Muñoz clarifies that “two benefits can be generated, one for each regime, but as long as the requirements are gathered separately in each of them.” If the requirements to have two independent pensions are not met, “in that case the contribution bases” will be added to calculate a single benefit.
Why does working life subtract days?
Many workers are surprised to see that their working life report first adds all the periods worked and, at the end of the document, subtracts overlapping days, offering a total of quoted days lower than they could expect.
Alfonso Muñoz Cuenca explains that “overlapping periods do not increase our price period. One day it can only be quoted for one day, as well as for a month you can only quote 30 days.”
The report details all high situations to offer a complete vision of the worker’s trajectory, but when calculating the total time needed to access a benefit, such as retirement, one day worked in two or three companies continues to count as a single day.
A higher regulatory base is greater pension
While multi -employment or multi -activity does not serve to accumulate more years of contribution (for example, the 35 years for voluntary early retirement), its great advantage resides in another factor, which is much more important, which is the regulatory base, or what is the same the same 100% of the pension to which it is entitled depending on the quoted years. “What will increase is our contribution base, which is ultimately the one taken into account for the calculation of benefits,” concludes this official.
By adding the bases of the different works, the regulatory base on which the pension will be calculated will be higher, which will result directly into a greater amount of the retirement pension. Therefore, although the “quoted days” counter does not accelerate, the effort to combine several jobs does have a positive and direct impact on the money that will be received once removed.