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Next year will bring substantial changes to the Spanish pension system. Among those most affected will be the retirement pensioners, who will see the pension calculation method modified, the reduction of their pensions in early retirement … and the age of access to retirement.

And it is that, from 2022, the ordinary retirement age will slightly increase, which serves as a reference for workers to have the right to retire (or take advantage of delayed retirement or flexible retirement, with its corresponding benefits), as well as to be able to retire early, between two and four years in the voluntary and the volunteer.

It is all due to 2011 pension reform, articulated through Law 27/2011, of August 1, which established a calendar of progressive increases in the retirement age and whose objective is for it to be 67 years in 2027, the year in which this calendar ends.

By virtue of the roadmap of this law, the ordinary retirement age will be 66 years and two months for workers who do not reach 37 years and six months of contributions, while it will be 65 years for the rest of the workers. In parallel to the retirement age, the retirement period that makes the difference between some and other workers increases: in 2021 it is still 37 years and three months.




It will not be the only change in pensions to take place this year due to the 2011 law. In addition to the retirement age, in 2022 increase the number of years to calculate the regulatory base, the reference amount determined by our contribution bases to calculate the amount of pensions.

In 2011, a progressive calendar of increasing these years was also established. The year 2022 will be the last of this calendar, leaving in the last 25 years (with respect to the 24 of 2021) which will be taken into account to calculate the regulatory base, compared to the 16 years that were taken into account in 2013, the first year of application of the reform. Along with this, the divisor that is applied to the contribution bases goes from 336 to 350.

In this regard, in the coming years there could be further increases in the period to account for the regulatory base. The reform of the Minister of Inclusion, Social Security and Migrations, José Luis Escrivá, has in mind the possibility of expanding the number of years to consider to calculate the regulatory base.

In line with the commitments included in the reform calendar agreed with the European Union, the “entry into force of the legislation for the extension of the calculation period for calculating the retirement pension” is foreseen for the last quarter of 2022. The specific increase in this period is still unknown, although Escrivá himself already raised the increase to 35 years ago a few months ago.

To alleviate the possible damage that this measure could cause to certain sectors, Escrivá has considered two options: that workers can choose the years to be taken into account to calculate the regulatory base and improve the mechanisms for the integration of contribution gaps, the mechanism that allows you to fill in fictitious contribution bases those months and years in which there has been no contribution.


These will be the minimum amounts of pensions in 2022: retirement, widowhood, permanent disability …

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