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This is how pensions are revalued in Europe

The main European countries have different formulas for reviewing pensions each year linked in most cases to the evolution of inflation, as is the case in Spain, but introducing other elements, such as GDP or the evolution of salaries, or factors of correction.

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This is how pensions are revalued in Europe

The main European countries have different formulas for reviewing pensions each year linked in most cases to the evolution of inflation, as is the case in Spain, but introducing other elements, such as GDP or the evolution of salaries, or factors of correction.

In Spain, the pension reform approved last year links their rise to inflation, a measure that was proposed by the Toledo Pact, agreed upon in the social dialogue and validated by a majority in the Cortes. p

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