Spanish Labor Market and Social Security Evolution
The Pension System and Toledo Pact Challenges
Under the Toledo Pact agreements, a variety of approved propositions of law will be launched, including referrals and other government actions regarding Social Security. The latter fits among measures highlighting the Social Security reform agreed upon with the main social and economic partners, the minimum pension increases, and the growth of social protection spending in the Reserve Fund to 42,000 million euros in 2007. Efforts continue regarding rights for the advancement of discriminated groups and the integration of Social Security regimes.
Spanish Labor Market Stages (1973-2009)
- 1973-1984: This period was characterized by greater regulatory intervention. The Workers' Statute was approved in 1980,