Reform of the public pension system and other developments in the field of Social Security

The BOE of 29 December 2021 publishes Law 21/2021, of 28 December, on the guarantee of the purchasing power of pensions and other measures to reinforce the financial and social sustainability of the public pension system and Law 22/2021, of 28 December, on general State Budgets for the year 2022 (“LPGE”),  both with entry into force on January 1, 2022.

In this Note we analyze the main novelties with labor and Social Security impact.