Spanish retiree says 45 years of contributions bring a €1,600 pension

Juan Leo says his monthly pension is €1,600 after contributing to Spain’s pension system for 45 years.

He made the comments on a La Sexta television programme, where he compared his income with that of some young people.

He says his generation worked long hours and made sacrifices to buy homes and cars.

Leo also criticized what he sees as some young workers’ expectations about pay and overtime, prompting debate over his broad comparison between generations.

His comments raise questions about pension fairness as Spain faces an ageing population and changes to its retirement system.

From 2027, the ordinary retirement age will be 67 for people with fewer than 38 years and six months of contributions, while those who reach that contribution period can retire at 65.

The debate over pensions and generational differences continues, but the amount each person receives depends on their contribution record and earnings.