After many years dedicated to work, many people have the same question and it is at what age they can retire. This question is repeated more than it seems, since, since the pension reform of 2011, Some changes were established regarding the retirement age, and therefore, many workers now find themselves facing the same doubt.
The 2011 pension reform, in order to make the pension system more sustainable in the long term, sought to ensure that workers spent more time in the labor market before retiring: to this end, Two retirement ages were established.
So, with the reform it was established that those people who complied with the contribution period minimum established by Social Security They could retire at 65 years old (the age prior to the 2011 pension reform), however, those People who have not reached this contribution period should retire at another age, which increases year by year, from 2013 to 2027.
Regarding the fixed contribution period, the 2011 pension reform also raised a progressive annual increase of the samestarting in 2013 and ending in 2027, as is the case with the second required retirement age.
At what age can I retire with 35 years of contributions?
Therefore, to know at what age a person can retire, it is essential check the contribution period established for 2025 and the retirement ages, that reflects the General Law of Social Security:
- People who have worked 38 years and 3 months (or more) will be able to retire at age 65.
- People who have worked less than 38 years and 3 months, they will be able to retire at 66 years and eight months.
Therefore, a person who has contributed for 35 years and wants to retire in 2025 must have, at least, 66 years and eight months old.
