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Madrid Rally Demands a Fair RETA Path for Mutualista Professionals

Many retirees still receive pensions under €400 after decades of mutualidad payments due to rules dating to the 1990s.

Overview

  • On 27 September, procuradores, lawyers and other mutualistas demonstrated in Madrid to press for a full‑value transfer of past contributions into Social Security.
  • The PSOE bill moving through Congress proposes a pasarela to RETA but applies reduction coefficients and excludes already retired professionals, those within two years of retirement or above certain patrimony thresholds.
  • The Mutualidad de Procuradores supports the J2 plan for a voluntary transfer that recognizes one year in a mutualidad as one year in Social Security without discounts or exclusions.
  • The shortfall originates with Law 30/1995, which enabled migration to the public system without carrying over accrued rights from professional mutual funds.
  • Testimonies highlight hardship, including a projected €450 monthly pension after 38 years of work, a €433 retirement payout and a €188 widow’s pension.