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Pension expenses are avoided by three-tenths of the section that activates the automatic increases of the intergenerational capital mechanism (MEI). The government avoids implementing corrective measures and a possible automatic increase of MEI contributions. The average payment is 13% of GDP, compared to 13.3% that would have applied corrective measures.

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elEconomista · España · · Source

Pension expenses are avoided by three-tenths of the section that activates the automatic increases of the intergenerational capital mechanism (MEI). The government avoids implementing corrective measures and a possible automatic increase of MEI contributions. The average payment is 13% of GDP, compared to 13.3% that would have applied corrective measures.

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