The reform regulating flexible retirement is in force in the South Basque Country
As a novelty, self-employed workers will also be able to apply for flexible retirement, as up to now only salaried workers have been able to apply.
A pensioner on the street. Stock Photo: EFE
The reform of flexible retirement, which will allow both wages and pensions to be paid in the South Basque Country and in the Spanish State, has entered into force this Friday. Unlike what has been done so far, not only wage earners but also self-employed workers will be able to apply.
The new regulation shall not apply to those who had applied for flexible retirement prior to the present day and shall continue to apply to them.
Who can apply for a flexible retirement?
In order to apply for flexible retirement, it will suffice for the pension to be recognized and to wish to return to work.
What about the self-employed?
As a novelty, in addition to salaried workers, the pension may be combined with the wage, without prejudice to the fact that, in the case of self-employed workers, they have not been included in the scheme for the three years preceding retirement.
When can you apply for a flexible retirement?
The person who has a pension recognition may apply at any time, so it will not be necessary to retire and wait a while.
Economic bonuses
Those who combine work and pension will be able to work between 33% and 80% of their working hours, so far the working day could be between 25% and 75%.
The amount of the pension shall be in accordance with the working day, for example, if the working day is 60%, the pension shall be 40%.
Those who return to work at least six months after retirement will receive a pension supplement.
Inthe case of self-employed workers, they shall receive a pension supplement of between 15% and 25% during their flexible retirement.
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