ERE leave 250,000 forced withdrawals since 2015 and the bank advances a barrage

Those responsible for the main Bank entities in the first nine months of the year, they have managed to close time-trial agreements with the unions to take early retirement to a high percentage of their workforce -the oldest employees- and prevent workers laid off in Records of Employment Regulation (ERE) are affected by the ‘snips’ in the early retirements that are foreseen in the pension reform. The deadline that the Government had set to protect the benefits of forced retirees within a collective dismissal agreement was last September 30.

So far this year, banks and unions have reached important labor agreements that are already generating new pensioners in the system, most of them 62 and 63 years old. Forced early retirees can retire four years before the ordinary retirement age, which in 2021 has increased to 66 for those who have contributed less than 37 years and three months and 65, for those who have worked longer. The forced dismissals They occur for various reasons, including the termination of the employment contract for economic or employment reasons, such as ERE, and allow early retirement with 33 years of contributions and applying cuts to the pension according to the quarters that it is advanced with respect to to legal age. Another condition is to be for at least six months before retirement registered as job seeker.

The age for these non-voluntary early retirements started at 61 years old – there are practically no registrations in the system at that age anymore – although it will progressively increase until reaching 63 years in 2027, when the ordinary retirement age is set. in 67 years. To date, most of these already occur at 62 and 63, thanks to the 2013 pension reform that fixed a progressive increase in the years necessary for retirement and contributions, and which is becoming more and more evident. their positive effects on the system. The average retirement age is already 64.7 years.

From 2015 to August 2020, a quarter of a million workers have been forced to retire, mostly between the ages of 61 and 64

According to the data handled by the Social Security, collected in the Economic-Financial Report to the 2021 Ministry Budgets, around one out of every three early withdrawals is not voluntary and from 2015 to August 2020 -the latest official data available- there have been a quarter of a million withdrawals in this mode. To these should be added around 40,000, a figure that represents a third of those that have occurred in advance between August of last year and the same month of this year. In addition, four out of ten retirement registrations continue to occur before 65, while postponed retirement, for which the Minister of Inclusion, Social Security and Migrations, José Luis Escrivá, in his pension reform barely represents 5% of the total and in the last six years 78,300, about 13,000 per year.

The effects of the employment regulation files in banking entities approved during this year, which will affect about 18,000 employees, they are already beginning to be noticed in the pension statistics periodically published by Social Security. In the last month released, August, there has been the highest number of retirees at age 62 and at 63 in that month since 2005, the date on which the historical series begins. In total, 5,600 workers of those ages entered the pension system in August, 23% of the total, but so far this year more than 80,000 workers have already retired early and there are four months to go before the end of the year , the progression can generate a record number.

Since the beginning of the economic crisis until today, 110,000 bank employees have been early retired. In 2021, 18,000 will go into retirement

Along with this, wage earners who opt for early retirement or are forced into it due to being laid off in an ERE, receive benefits a lot. higher than those over 65, despite the fact that these do not suffer cuts in their coefficients. Thus, while 62-year-olds enter the system with a pension close to 1,600 euros and that of 63-year-olds is around 1,700, the average retirement benefit does not reach 1,400 euros. Another conclusive data is that 18,300 workers aged 62 and 63 have retired in the first eight months of the year in Madrid and Barcelona, ​​where the headquarters of the main banks and most of their workforce are concentrated. Four out of ten retirees in those ages were working in these two provinces.

Since 2008, the year in which the economic crisis began, which generated massive layoffs in large banks, more than 110,000 workers have left due to early retirement, including the more than 18,000 agreed in 2021. The Banco Santander agreed at the end of 2020 an ERE that affected more than 3,500 workers, with a very high percentage of employees between 58 and 61 years old, and even some with more than 62 years, all of them one step away from forced retirement. Meanwhile, the merger of Caixabank and Bankia It has led to the dismissal of 6,400 employees, a high number, but even short by the significant number of requests for early retirement.

For its part, BBVA It has released almost 3,000 employees and plans to close 480 offices this year in Spain. The Sabadell Bank It will also dispose of 2,000 employees, while Unicaja Banco has proposed this week to reduce its workforce by 1,500 people -16% of the total- and close 395 branches, three out of every ten of which it has after the integration of Liberbank. In 2020, the year of the coronavirus pandemic, 5,300 workers from Santander and Sabadell were retired early in an ERE, many of them are already receiving a pension.

Source: LA INFORMACIÓN – Lo último by

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