Most Spaniards Say Pension Reforms Won't Secure Their Retirement

A Funcas survey finds deep public distrust that could raise pressure on policymakers to address funding and fairness for future retirees.

Overview

A Funcas poll reported on June 25 shows about 79% of non‑retired Spaniards view recent pension reforms as insufficient to guarantee their future benefits.
Sixty‑eight percent of respondents believe paying pensions will soon become a major problem for Spain's economy, and 93% expect the system will be reformed again before they retire.
Seven out of ten people say younger generations will be the most harmed, with concern strongest among those aged 18 to 45 where distrust and fear about the system are highest.
The survey finds broad public opposition to proposed fixes that extend working life or change benefit rules, with more than 80% rejecting a gradual rise of the retirement age to 70.
Spain's 2022 pension reform, designed to secure payouts for retiring baby boomers, has not convinced the not‑yet‑retired and the poll signals growing political pressure for new policy debate on funding and intergenerational fairness.