Post by hasan77 on Feb 14, 2024 23:47:18 GMT -5
June 16, 2023 Share What does early retirement refer to? Early retirement refers to the option of retiring before reaching the legally established age for ordinary retirement according to Social Security regulations. It is essential to consider that, if you opt for early retirement, it is possible that the pensions will be smaller compared to those obtained if you had waited until the normal retirement age. This occurs because when opting for early retirement, it is common to have fewer years to contribute and, consequently, less time to accumulate the pension that belongs to you.
However, circumstances may vary depending on each case. What types of early retirement exist? There are various types of early retirement that a worker can access. Below, we present them to you: Early retirement for dangerous jobs . It is aimed at those employees who perform tasks considered particularly difficult, demanding and dangerous to health. This type of retirement aims to recognize the efforts of these![]()
Canada Email List workers in jobs that may involve exposure to chemicals, high temperatures, radiation and other risks, which can negatively impact their quality of life and general well-being. Early retirement for workers with disabilities . People who have a degree of disability equal to or greater than 45% and have contributed for at least five years with the disability recognized (previously fifteen years were required) have the possibility of accessing early retirement. Voluntary early retirement.
This option allows workers to retire up to two years before the ordinary retirement age. This implies that it can be requested from the age of 63. However, it is important to note that the retirement age is currently being increased, which means that this minimum age may vary. Involuntary or forced early retirement. It can be requested in the following situations: company closures, collective layoffs or objective layoffs. In this case, the minimum age of 63 is not required , but a minimum of contributions is required. Key aspects to consider when requesting early retirement In many countries, certain requirements are established to access early retirement. In the specific case of Spain, according to the legislation in force in 2023, it is required to have contributed a minimum number of years to the social security system to be able to request early retirement. In the case of having less than 37 years and 9 months of contributions, you will need to be at least 64 years and 4 months of age to request early retirement .
However, circumstances may vary depending on each case. What types of early retirement exist? There are various types of early retirement that a worker can access. Below, we present them to you: Early retirement for dangerous jobs . It is aimed at those employees who perform tasks considered particularly difficult, demanding and dangerous to health. This type of retirement aims to recognize the efforts of these
This option allows workers to retire up to two years before the ordinary retirement age. This implies that it can be requested from the age of 63. However, it is important to note that the retirement age is currently being increased, which means that this minimum age may vary. Involuntary or forced early retirement. It can be requested in the following situations: company closures, collective layoffs or objective layoffs. In this case, the minimum age of 63 is not required , but a minimum of contributions is required. Key aspects to consider when requesting early retirement In many countries, certain requirements are established to access early retirement. In the specific case of Spain, according to the legislation in force in 2023, it is required to have contributed a minimum number of years to the social security system to be able to request early retirement. In the case of having less than 37 years and 9 months of contributions, you will need to be at least 64 years and 4 months of age to request early retirement .