When it approaches, it is very common to harbor certain doubts about whether we have the right to a contributory or contributory pension and, if so, to know what the amount of said pension would be. For these cases, Social Security has a citizen assistance tool.
The organization has a calculator service to find out how much retirement pension will be charged in the event that the citizen is entitled to it. It can be found on the ‘Tu Seguridad Social’ platform and requires access with a digital certificate (), electronic DNI or , although if you do not have any of these methods, you can authorize the use of a representative who does it on our behalf. .
, you can start the process. To begin, you must indicate how you access (as an interested party or by delegating a representative or proxy) and, once registered, you can start the simulation.
The system will ask you for data on your personal and economic situation, as well as the relative previous contribution of the worker. The objective is to know if the retirement requirements are met (in the modality you want) and to be able to calculate the pension as closely as possible to reality, designing projections for the future according to the current situation of the worker.
When it comes to collecting information, Social Security also has great help: the information provided by the citizen will be added to the information in real time that appears in the body’s database. Combining both ways of collecting data, Social Security ensures quality simulation.
In addition, the system allows you to create different scenarios to find out the impact it will have on a possible pension: new contribution bases can be introduced, situations of unemployment, early retirement, delayed retirement…all with the aim of inform the worker what his pension would be in each of these situations.
The requirements to have a retirement pension
In general, people who want to retire once they reach ordinary retirement age will have to accumulate a minimum of 15 years of contributions, of which two must be within the 15 years immediately prior to the date of the pension application.
That retirement age that must be reached depends on the years of previous contributions: it will be 65 years for those who have contributed at least 37 years and three months and 66 years for the rest of the workers.
How the pension is calculated
It takes into account two aspects: the regulatory base and the years of contributions that determine the percentage of the regulatory base to which one is entitled.
In 2021, the regulatory base is obtained by joining the contribution bases of the last 24 years (288 months) and dividing them by 336. The result is that regulatory base that is used as a reference to know the amount of the pension.
Then you have to attend to the worker’s contribution. At the age of 15, he will be entitled to 50% of the regulatory base (or the minimum pension) and from that moment on, during the first 106 months, he will add 0.21% of the regulatory base for each month and 0.19% of the regulator for each of the remaining 146 months. This means that with 36 years of work, you are entitled to 100% of the retirement pension.
Facebook Comments
Disqus