A Revision of the Revaluation Index of Spanish Pensions
UB Economics Working Papers E15/322
22 Pages Posted: 23 Apr 2015
Date Written: March 11, 2015
This article reviews the methodological aspects of the revaluation index of Spanish pensions developed following Law 23/2013 which regulates the sustainability factor and revaluation index of the Social Security pension system.
From a gradual breakdown of the elements that make up the revaluation index, an exposition is given of the formal and implementation problems it involves. Finally, its use is illustrated with numerical results.
Keywords: revaluation index, automatic balancing mechanisms, Spanish Social Security System.
JEL Classification: H55.
Suggested Citation: Suggested Citation