They denounce that agreeing it with Brussels supposes an "unprecedented transfer of sovereignty" and warn that it "endangers" job creation

The business organizations CEOE, Cepyme and ATA have expressed this Friday their "frontal opposition" to the pension reform proposed by the Government, which they accuse of having a "collection voracity" and of presenting a "populist" proposal, which "will undermine the companies' efforts in wage negotiations" with the unions.

In a statement, the employers denounce that the maintenance of the pension system "is made to fall on the workers and companies of the country through a general increase in contributions" that, according to they warn, "will reduce the salaries of all workers and increase the costs labor, jeopardizing job creation".

"The proposal that is intended to be approved, without prejudice to an exhaustive analysis of the document delivered at today's meeting, is regressive in its entirety because it implies more years of work, more contributory effort and less pension," they underline.

For business organizations, it is "inconceivable" that the Government will face the reform of the pension system "without the necessary debate and social dialogue after reaching an agreement with Europe in an unprecedented transfer of sovereignty."

"The proposal violates the necessary debate that should have taken place in the Toledo Pact and is not accompanied by the impact analysis that the social partners have been demanding since the summer," they stress.

The businessmen complain that the proposal was not given to them in writing in advance and that they saw it published in the press before this Friday's meeting, "and all this after months of lack of dialogue on the part of the Ministry."

"The government's voracious collection, through populist proposals like this one, will undermine the efforts of companies in wage negotiations, since workers, with the greatest burden on the side of their contributions, will see part of the increases in their compensation absorbed ", they warn.

At the same time, employers warn that this government reform "puts small businesses and the self-employed at serious risk, since they have less financial muscle and increasing costs, "with the consequent negative effect on job creation."