Spanish State Pension

[kevinb]

Have recently read that the Spanish State Pension is going bust, apparently when the Spanish economy collapsed ten years ago the contributions paid collapsed as well hence the current problem.

[mike and judith]

Have to put all the doom & gloom journalism into context, in any country.  True the economies of several EU states are in a bad way, but by & large, everyone soldiers on.  Spain is not as badly off as some, & this post is purely a "don't get depressed" message & most definitely NOT a re-openning of a brexit debate!!!!!!!

[Spurs]

Aren’t most pension schemes always on the point of going bust , a question that I’ve never known the answer to is if you are a resident but from the uk do you get the Spanish pension or the uk one and is there much between them money wise ?

[John H]

I think you have to pay into the Spanish state pension to receive a pension Spurs, from what my Spanish neighbours tell me, without them wanting to give too much away, it’s a bit more generous than our state pension, mindst you after starting to receive my state pension last month I’m not complaining!!

Regards all

John


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[kevinb]

Four and a half years for me.

[mike and judith]

No heating allowance in Spain, but at the moment, I think here should be!

[llamedos]

https://www.google.es/url?sa=t&source=web&cd=4&ved=2ahUKEwig6-W18bHXAhUCvRQKHQATCeAQFjADegQICBAB&url=https%3A%2F%2Fwww.soltimes.com%2F2017%2F05%2Fspains-pensioners-income-boost%2F&usg=AOvVaw2x4TcrspBoM6Q8K74Hp9Lw

Puts our pension in the shade at 81% of income. Although some say they're running out of cash.