How does sick leave affect your pension and retirement age in 2023?

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If you are already thinking about retirement, either because you feel it is close or because you are starting to plan for the future, you may have some doubts. For example, related to the requirements to request it, the changes in retirement pensions that have occurred in 2023 or with the years of contributions... and the period in which you did not contribute anything. This year, the retirement age has increased : you will be able to retire in 2023 at an age of 66 years and 4 months (2 months more than in 2022) if you do not add a contribution of 37 years and 9 months and want to collect 100% of the that corresponds to you. If you reach or exceed this period, then you will be able to retire at age 65. When doing the math, you may have wondered if, when you are on sick leave, you continue to contribute to Social Security.

In other words, how does a sick leave affect your retirement? Requirements to collect sick leave, how much money you will receive and how you contribute to Social Security Starting with the basics, retirement is the moment in which workers can definitively abandon America Cell Phone Number List their productive work and begin to collect a pension or benefit, for which it is necessary to contribute throughout their working life. "The retirement benefit, in its contributory form, covers the loss of income suffered by a person when, upon reaching the established age, he or she ceases to work as an employee or self-employed person, ending his or her working life, or reduces his or her working hours. and their salary in the legally established terms," ​​explains Social Security. To calculate the amount of the ordinary retirement pension, it details.

it is necessary to apply "to the regulatory base the general percentage that corresponds based on the years of contributions and, where appropriate, the additional percentage for prolongation of working life, when access to retirement at an age higher than the ordinary age in force at any given time and the corresponding reducing coefficient". This is how sick leave affects your pension and retirement age In this way, the years that you have contributed affect the regulatory base and the amount of the pension for having retired, but there is a very important aspect related to the time in which you are or have been on sick leave and collected the disability benefit. temporary: you will also be contributing to Social Security during that period . Furthermore, contributions during sick leave are also valid in risk situations during pregnancy or breastfeeding.