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Pensioners consider it "unacceptable" that pensions do not reach the minimum wage

The Euskal Herria Pensioners' Movement has denounced that the value of pensions "depends on the political decisions of the year".

PENSIONISTAS PENTSIODUNAK bilbo

Stock image: EITB.

The Euskal Herria Pensioners' Movement (EHPM) considers it "unacceptable" that the value of pensions "depends on annual political decisions" and denounces thatthe increase published in the BOE, which will apply from 1 January, "does not amount to the current minimum wage".

In a statement, he has called for pensions "not to be a bargaining chip in partisan discussions." He has stated that "the minimum pension with family burdens does not even reach the current minimum wage level, let alone the individual minimum wage, which is what we are asking for to be equated, since it will remain at EUR 8,97.13 to be distributed over 14 payments."

Furthermore, they recall that, despite the application of Law 21/2021, which states that at the beginning of each year the value of pensions will increase in accordance with the average inflation recorded in the previous year, "at the end of this year there will still be 1.75% to return the accumulated reduction".

"The use of CPI changes to calculate pension updates has undoubtedly been a major conquest of the pensioners' movement," they acknowledge. However, "the battle is definitely not won by rising inflation rates."

On the other hand, they have explained that "replacing the reference to the minimum wage with the poverty line in Law 2/2023 chronicles the gender gap and insufficient income for the elderly" and have concluded by recalling that " in the Basque Country, 168,966 pensioners have an income below the minimum wage ".

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