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What it is

Proposal to raise pensions with inflation and scrap the sustainability factor

Admitted step 2 of 7 · Unfinished

It is a members’ bill. Introduced by parliamentary groups, the Senate, regional governments or citizens. It was introduced on 25 January 2018. Introduced by: Grupo Parlamentario Confederal de Unidos Podemos-En Comú Podem-En Marea.

Official title: Private member's bill on the revaluation of pensions and the repeal of the sustainability factor.

Follow this law

Source: Congreso de los Diputados, file 122/000169· updated 11 Nov

Automatic summary, not yet reviewed

  1. The bill would eliminate the sustainability factor for retirement pensions: it repeals the last paragraph of Article 210.1, Article 211 and additional provision 22 of the revised Social Security Law, as well as the last paragraph of the final provision of Royal Legislative Decree 8/2015.
  2. Contributory pensions, including minimum pensions, would be adjusted each year according to the forecast CPI. If actual inflation exceeds the forecast, the difference would be paid in a single payment before April 1 of the following year.
  3. To set the adjustment index, other factors would also be considered: average national productivity, the increase in labor's share of national income and the overall economic situation.
  4. Pensioners affected by Law 23/2013 would be entitled to a one-time payment covering the difference between the pension they received and what they would have received with CPI-based adjustments during 2016 and 2017.
  5. Social Security funding would include State contributions permanently allocated in the General State Budgets, in the amount needed to cover any deficit and avoid reducing benefits or minimum top-ups.
  6. The law would take effect in the budgetary year following its publication in the Official State Gazette, and the Government and the Ministry of Employment and Social Security would issue the rules needed to apply it.

Who it affects

  • Social Security pensioners: Their pensions would be adjusted according to forecast inflation, with the difference paid if actual inflation is higher.
  • Pensioners affected by Law 23/2013: They would receive a one-time payment for the adjustment differences of 2016 and 2017.
  • People with minimum and non-contributory pensions: The new adjustment index would also apply to their pensions.
  • The State: It would have to allocate permanent contributions in the General State Budgets to cover the Social Security deficit.

Words worth knowing

Factor de sostenibilidad (sustainability factor)
A mechanism that adjusts the amount of the retirement pension based on changes in life expectancy.
IPC (CPI)
Consumer Price Index: it measures how much prices rise, in other words, inflation.
Pensión no contributiva (non-contributory pension)
A benefit for people who have not paid enough Social Security contributions, such as disability or retirement benefits under that scheme.
Texto refundido (revised text)
A single, organized version of a law that gathers all its amendments in one text.

It summarizes the text as it was introduced. It is written by artificial intelligence and may contain mistakes: the official text is what counts. Read the official text · How we make summaries

Where it stands

How far did it get?

It took 2 of 7 steps. It reached Admitted, and today it is unfinished.

  1. Introduced25 January 2018Someone registers the text in the Congreso.
  2. Admitted30 January 2018The Bureau of the Congreso accepts it and, for a members’ bill, the plenary decides whether to consider it.
  3. Amendmentsnot reachedGroups propose changes.
  4. Committeenot reachedA committee goes through the text in detail.
  5. Plenarynot reachedAll 350 deputies vote.
  6. Senatenot reachedThe Senate can pass it, amend it or veto it.
  7. BOEnot reachedIt is published in the Official State Gazette (BOE) and comes into force.
See the 6 official steps on a timeline
Mar 2018Jun 2018Sept 2018Dec 201811. 25 January 2018: Presentación22. 30 January 2018: Boletín Oficial de las Cortes Generales Publicación desde 30/01/2018 hasta 02/02/201833. 30 January 2018: Calificación44. 2 February 2018: Gobierno Contestación desde 02/02/2018 hasta 13/03/2018 Nota: (Mesa 13/03/2018 - concluida - decaída por comunicación disconformidad Gobierno).55. 4 September 2018: Pleno Toma en consideración desde 04/09/2018 hasta 05/03/2019 Nota: (Nuevo criterio del Gobierno 19/07/2018).66. 5 March 2019: Concluido - (Caducado) desde 05/03/2019 hasta 27/03/2019

Was there a plenary vote?

We have no plenary vote linked to this law in the Congreso’s data.

What happens next

What happens now?

The legislature ended before it finished. To go on, someone would have to introduce it again in the new Cortes.

It has not been presented again yet.

Sources

Where does all this come from?

  • The data comes from the open files of the Congreso, the Senate and the BOE, unaltered.
  • Each deputy’s province is the one of their seat on the day of the vote.
  • We only say “passed” or “rejected” when the majority needed is certain; otherwise we say which side had more votes.

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