Escrivá believes that the PP will not touch the pension reform and criticizes the attempts to "dirty" it

MADRID, 17 Mar.

Escrivá believes that the PP will not touch the pension reform and criticizes the attempts to "dirty" it


The Minister of Inclusion, Social Security and Migration, José Luis Escrivá, has shown himself convinced this Friday that the PP will not touch "at all" the pension reform launched by the Government of Pedro Sánchez, just as it did not with the 2011 reform despite his criticism at the time.

Escrivá, in statements to Antena 3 collected by Europa Press, has stressed that the reform approved yesterday by the Government is "fantastic" and has warned the PP that society does not want cuts in pensions. "The only way not to cut pensions is the one found in this reform," he remarked.

The minister criticized the fact that some study services and business sectors are making a "desperate attempt to dirty a very solid reform that has extraordinary support."

In this sense, it has considered that some study services, such as BBVA Research, have been "hasty and hasty" in their assessments of the pension reform.

"The text has been reacted before knowing with an analysis that would have taken weeks and probably interaction with us to even know some details or some numbers. That has not happened. What we are seeing is a precipitation and a reaction that amazes me" , Escrivá pointed out, adding that when he was director of the BBVA research service he behaved "in an absolutely different way."

The minister, who did not want to reveal whether he received the applause of his colleagues yesterday in the extraordinary Council of Ministers that approved the second leg of the pension reform, has also refuted the arguments of the CEOE, which has not supported the reform considering that will hinder the competitiveness of companies and job creation.

Escrivá has replied to the employers that this reform "in no case endangers the productive fabric and the competitiveness of Spanish companies" and has insisted that labor costs will hardly increase with it.

Thus, he has reiterated that the current labor cost per hour (23.4 euros) is going to go down initially to 23.5 euros and then, in 2050, to 23.8 euros, "the equivalent of an increase in salary of 1.6% distributed over 25 years".

Asked about the degree of uncertainty involved in making forecasts for 25 years, Escrivá acknowledged that "there are many uncertain elements", so it is about designing "the most probable scenario", knowing that it has a lot of uncertainty, and accompanying it with mechanisms review, such as those included in the pension reform.

"The standard has to be accompanied by review mechanisms in case things go up or down and it is the only reasonable way to address a sustainability problem," explained the minister.