The PP raised pensions every year but not with the CPI and the PSOE was the only one that froze them

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Alberto Núñez Feijóo has assured this Monday that the PP always revalued pensions with the CPI. Subsequently, the popular candidate for the presidency of the Government has had to rectify and qualify his statement, to underline that what the popular is to freeze them.

Indeed, it did not always revalue pensions with the CPI. Not much less. In the first years of Mariano Rajoy’s term, the rise was 1%, while inflation was 2.4% in 2012 and 1.4% in 2013. Therefore, there was still a loss of power in the middle of the financial crisis. Starting in 2013, the PP pension reform came into effect, introducing the sustainability factor. In the event that the system was not in equilibrium, an increase limited to 0.25% would be applied. And that was what was done. Between 2014 and 2016, pensioners registered a gain in purchasing power since inflation was negative. In 2017, the price variation exceeded that 0.25%, and in 2018 the PNV started the PP, during the budget negotiation, a rise of 1.6% that matched inflation.

No. The only party that froze pensions was the PSOE during the mandate of José Luis Rodríguez Zapatero. This was decreed for 2011, the year in which no revaluation was applied to the bulk of pensions except for non-contributory and minimum benefits. The measure was included in a decree to deal with that same financial crisis, which also cut the salary of civil servants and public workers by 5% and which received the vote in favor of today’s Prime Minister, Pedro Sánchez.

Raise all pensions, at least with the CPI. This maxim has led to situations such as that, this year, the highest benefits have also risen by 8.5%. Result: more than 450,000 pensioners already have a pension that exceeds 3,000 euros. The PSOE has always flaunted this policy, although many economists point out that it would make much more sense to have applied a staggered increase. For example, raising the CPI to the lowest pensions, and progressively lowering that increase to higher-level benefits and for these pensioners to also participate in the income agreement that has been applied to workers.

ambiguous. First, it supported indexing to the CPI in the Toledo Pact. Later, she voted against the pension reform that included this measure, and later from the ranks popular it was proposed that the highest pensions should form part of the income agreement. That is, they should not register such a pronounced increase in their benefits.

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