If you were born this year, you will be able to collect 100% of the retirement pension

For a considerable time, the Ministry of Inclusion, Social Security and Migrationscurrently led by Elma Saizhas implemented a pension system with the goal that by 2027, the retirement age will be set at 67 years. For this reason, many employees are interested in knowing how they can receive 100% of their pension based on their year of birth.

It is understandable to have doubts, mainly because reaching the legal retirement age does not guarantee that the minimum number of years required to receive the maximum amount of the corresponding pension has been met.. To achieve this, two essential requirements must be met: reaching a certain minimum age and having a contribution period that changes periodically.

Adjustments to the legal retirement age began in 2013 during the government of Jsaid Luis Rodriguez Shoemaker. Until that moment, It was only necessary to be 65 years old to definitively retire from the labor market. However, in 2024, This age is maintained if you have contributed for 38 years or more, otherwise you must wait until you are 66 years and six months.

Those born in 1957 can retire between 2023 and 2024. Those born in 1958, between 2023 and 2025. Those born in 1959, from 2024 and 2026. Those born in 1960, between 2025 and 2027. To receive 100% of the pension, It will be necessary to have a minimum of Social Security contributions and under the same regime. This is independent of the retirement age, since it only provides access, but does not guarantee collection. Therefore, workers who retire between 2023 and 2026 will need to have 36 years and six months of contributions. Starting in 2027, it will be necessary to have 37 years of contributions to receive the full pension.

2024-05-04 15:10:17
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