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Las reformas necesarias en el sistema de pensiones contributivas en España
[Reforming the Spanish contributory pension system]

Author

Listed:
  • Balmaseda, Manuel
  • Melguizo, Angel
  • Taguas, David

Abstract

The debate on the reform of the pension system in Spain is not very lively, in contrast with the international experience. The Spanish economic boom since the mis nineties, the slowdown in the number of pensioners due to the retirement of the cohorts born during the Civil War, and the outstanding immigration flows have contributed to a transitory strengh of Social Security accounts. The paper aims at extending and fostering this public debate. We present an evaluation of the contriburoty pension system in Spain until 2059, based on recent demographic projections. We propose a set of simple indicators to evaluate periodically the situation and perspectives of the Social Security system. And we elaborate on the main reforms that may balance the Social Security Accounts, already implemented in Europe.

Suggested Citation

  • Balmaseda, Manuel & Melguizo, Angel & Taguas, David, 2006. "Las reformas necesarias en el sistema de pensiones contributivas en España [Reforming the Spanish contributory pension system]," MPRA Paper 19574, University Library of Munich, Germany, revised 01 Mar 2006.
  • Handle: RePEc:pra:mprapa:19574
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    Cited by:

    1. Javier Alonso Meseguer & J. Ignacio Conde-Ruiz, 2007. "Reforma de las pensiones: la experiencia internacional," Working Papers 2007-18, FEDEA.
    2. Dã Az-Gimã‰Nez, Javier & Dã Az-Saavedra, Juliã N, 2017. "The future of Spanish pensions," Journal of Pension Economics and Finance, Cambridge University Press, vol. 16(2), pages 233-265, April.
    3. Angel de la Fuente & Doménech, Rafael., 2009. "Series enlazadas de algunos agregados económicos regionales, 1955-2007. Versión 1.1," Economic Reports 03-09, FEDEA.
    4. Julián Díaz Saavedra, 2016. "Productividad y viabilidad del sistema Público de Pensiones," Hacienda Pública Española / Review of Public Economics, IEF, vol. 218(3), pages 11-32, September.
    5. Javier Vazquez Grenno, 2010. "Spanish pension system: Population aging and immigration policy," Hacienda Pública Española / Review of Public Economics, IEF, vol. 195(4), pages 37-64, december.
    6. Bermejo Patón, Fernando & Febrero Paños, Eladio & Uxó González, Jorge, 2015. "La sostenibilidad del sistema español de pensiones: Una aproximación alternativa/Sustainability of the Spanish Pension System: An Alternative View," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 33, pages 783-800, Septiembr.
    7. Oihana Aristondo, 2018. "Poverty Decomposition in Incidence, Intensity and Inequality. A Review," Hacienda Pública Española / Review of Public Economics, IEF, vol. 225(2), pages 109-130, June.
    8. Julian Diaz Saavedra, 2014. "Early Retirement, Social Security, and Output Gap," ThE Papers 14/01, Department of Economic Theory and Economic History of the University of Granada..
    9. Julian Diaz Saavedra, 2013. "Age-dependent Taxation, Retirement Behavior, and Work Hours Over the Life Cycle," ThE Papers 13/09, Department of Economic Theory and Economic History of the University of Granada..
    10. Mar Devesa Carpio & José E. Devesa Carpio, 2009. "El coste y el desequilibrio financiero-actuarial de los sistemas de reparto. El caso del sistema Español," Working Papers. Serie EC 2009-09, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    11. María del Carmen Valls Martínez & José Manuel Santos-Jaén & Fahim-ul Amin & Pedro Antonio Martín-Cervantes, 2021. "Pensions, Ageing and Social Security Research: Literature Review and Global Trends," Mathematics, MDPI, vol. 9(24), pages 1-25, December.
    12. Manuel García & Juan M. Nave, 2018. "Impacto en las prestaciones de jubilación de la reforma del sistema público de pensiones español," Hacienda Pública Española / Review of Public Economics, IEF, vol. 224(1), pages 113-137, March.
    13. Clara Isabel González & J. Ignacio Conde-Ruiz & Michele Boldrin, 2008. "Immigration and Social Security in Spain," Working Papers 2008-36, FEDEA.
    14. José Francisco Bellod Redondo, 2010. "Pensiones – La Aritmética Del Miedo," Contribuciones a la Economía, Servicios Académicos Intercontinentales SL, issue 2010-03, March.
    15. Santacruz Cano, Javier & Bernal Alonso, Miguel Ángel, 2015. "Efficiency in Pension Funds Management in a QE Environment: The Case of Spain/Eficiencia en la gestión de los fondos de pensiones en un entorno de QE: El caso de España," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 33, pages 687-700, Septiembr.
    16. J. Ignacio Conde-Ruiz & Clara I. González, 2013. "Reforma de pensiones 2011 en España," Hacienda Pública Española / Review of Public Economics, IEF, vol. 204(1), pages 9-44, March.
    17. Córdoba Bueno, Miguel & Fernández-Avilés Calderón, Gema & García Centeno, Mª Carmen, 2015. "¿Se está adentrando el sistema español de pensiones en zona sísmica?/Is the Spanish Pension System Approaching a Seismic Zone?," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 33, pages 735-758, Septiembr.
    18. Javier Diaz-Gimenez & Julian Diaz-Saavedra, 2009. "Delaying Retirement in Spain," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 12(1), pages 147-167, January.
    19. Clemente Polo Andrés & Raimundo Viejo Rubio, 2011. "Efectos de aumentar las pensiones no contributivas de jubilación y las pensiones con complemento a mínimo de jubilación y viudedad a las personas mayores en España," Hacienda Pública Española / Review of Public Economics, IEF, vol. 196(1), pages 79-106, january.
    20. Díaz-Giménez, Javier & Díaz-Saavedra, Julián, 2006. "The Demographic and Educational Transitions and the Sustainability of the Spanish Public Pension System," MPRA Paper 69287, University Library of Munich, Germany.
    21. Jennifer Alonso Garcia & Beatriz Rosado-Cebrian, 2019. "Financial crisis and pension reform in Spain: the effect of labour market dynamics," ULB Institutional Repository 2013/294230, ULB -- Universite Libre de Bruxelles.
    22. Zenon Jiménez-Ridruejo Ayuso & Carlos Borondo Arribas & Julio López Díaz & Carmen Lorenzo Lago & Carmen Rodríguez Sumaza, 2009. "El efecto de la inmigración en la sostenibilidad a largo plazo del sistema de pensiones en España," Hacienda Pública Española / Review of Public Economics, IEF, vol. 188(1), pages 74-121, March.
    23. Conde-Ruiz, J. Ignacio & Gonzalez, Clara I., 2012. "Spain 2011 Pension Reform," Working Papers 2012-03, FEDEA.
    24. Conde Ruiz, José Ignacio. & Gonzalez, Clara I., 2012. "Reforma de pensiones 2011 en España: una primera valoración," Economic Reports 01-2012, FEDEA.

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    More about this item

    Keywords

    España; Seguridad Social; prestaciones contributivas; sostenibilidad financiera; reformas;
    All these keywords.

    JEL classification:

    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

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