Spaniards who want to retire as of this Saturday, January 1, with 100% of the pension will have to have at least 66 years and two months completed, by virtue of the 2013 pension reform, in which the retirement age was progressively raised from 65 to 67 years, over a total horizon of 15 years.
These 66 years and two months will be the age required for those who prove less than 37 years and six months of contributions (this year 66 years of age are required to be able to retire with less than 37 years and three months of contributions). If they exceed 37 years and six months of contributions, workers who want to retire from January 1 with 100% of the pension will have to be 65 years of age.
What did not change with the 2013 reform is the minimum contribution requirement to access the contributory retirement pension, which was maintained for at least 15 years, two of which must be within the 15 years prior to retirement.
In addition, from January 1, the pension calculation period goes up one year compared to 2021, from the current 24 years to 25 years. This means that the pension will be calculated as of January based on the contributions of the last 25 years.
Partial retirement
In the event that workers want to access partial retirement without the company making a relief contract, the minimum age for access will be the ordinary retirement age that is applicable in each case.
If the company makes a relief contract to cover the work time that the partially retired person stops working, the minimum age of access for partial retirement will be from January 1, 62 years and two months if they have contributions at least 35 years and six months, or 63 years and four months in the case of 33 years of contributions.
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