Social Security confirms a key date for reversible retirement: "in the coming weeks"

Social Security confirms a key date for reversible retirement: “in the coming weeks”

The Secretary of State for Social Security and Pensions, Borja Suárez, has confirmed during the press conference to present the August unemployment datawhich will continue with the processing of Royal Decree (RD) that will apply and develop reversible retirement (previously known as flexible retirement). This regulation went to public hearing at the end of last July, in order to be approved “in the coming weeks.”

“We fulfilled the mandate we had, which was six months to complete the proposal, we have shared it with the social interlocutors, we take the text to a public audience and we will continue with it so that it is approved in the coming weeks,” said the Secretary of State of the Ministry of Inclusion, Social Security and Migrations, chaired by Elma Saiz.

The Government brought this RD to the application and development of the call to audience and public information Reversible retirementwhich was previously known as flexible retirement with which approximately 30,000 retirees are reincorporated to work. The intention is to enhance this tool as an instrument to return to the labor market after total retirement without giving up a part of the pension.

Improvement of the compatibility of the retirement pension with employment

He RD Law 11/2024 For the improvement of the compatibility of the pension with a job is part of an agreement signed between government and social agents in September 2024. Now, when asked about this issue, the Secretary of State for Social Security has defended that this retirement modality has “potential” since “there are people who retire but who want to return to work and consider that dedicating a few hours to carry out a work activity allows them to do other things and it is more satisfactory”.

Suarez has rejected that reversible retirement, which will surely be called flexible retirement “since the concept of reversible has not liked it very much”, supposes to return to working life because charging the “does not” pension.