A Revision of the Revaluation Index of Spanish Pensions

Oriol Roch, Manuela Bosch-Princep, Isabel Morillo, Daniel Vilalta
2015 Social Science Research Network  
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. JEL Codes: H55.
doi:10.2139/ssrn.2597464 fatcat:jod2r2cehbcidizxqk5jje56vq