Economist Gonzalo Bernardos has advocated for delaying the retirement age to ensure the long-term sustainability of the public pension system. He identifies three main options for the future: increasing social contributions, reducing benefits, or prolonging working life.
faces a decreasing birth rate and an aging society, though Bernardos rejects claims that pensions cannot be sustained. He notes that life expectancy has risen and most are already delaying retirement rather than cutting benefits or raising costs.
By 2026, Spain's retirement age will reach 66 years and 10 months for some, rising to 67 in 2027. Bernardos defends pension revaluation as a vital social tool, arguing that extending careers is the most viable path to protecting these essential public payments.