Economy

A retiree who receives 1,100 euros in pension: "Half of it is to pay the rent and bills. I can only afford to eat once a day and I have a child in my care. Retirement is a misery"

A retiree who receives 1,100 euros in pension: “Half of it is to pay the rent and bills. I can only afford to eat once a day and I have a child in my care. Retirement is a misery”

Increasingly retirees confess that they live just enough and that the pension money is no longer enough to cover the basics. After decades of work, many seniors face old age with a mix of frustration and fear: rents are rising, the shopping basket becomes more expensive and purchasing power is ...

Federico, 81 years old, retired civil servant: "As a teacher I earned about 2,000 euros a month and now I receive a pension of 2,300 euros. I retired to earn more"

Federico, 81 years old, retired civil servant: “As a teacher I earned about 2,000 euros a month and now I receive a pension of 2,300 euros. I retired to earn more”

In Spain, public employment has been synonymous with stability and economic security for decades. Being a civil servant guarantees a fixed salary, consolidated labor rights and a secured retirement, compared to the uncertainty that exists in the private sector. Therefore, more and more young people who aspire to get a ...