The proposal for people with 40 or more years of contributions to access early retirement without suffering a permanent cut in their pension will move forward. The initiative from Podemos has passed its consideration this Tuesday and thus begins its parliamentary processing, after the PSOE has changed its position regarding a vote held just a few months ago.
The step taken this Tuesday does not mean that the reduction coefficients have been eliminated nor that the measure is already in force. The proposition now enters the legislative procedure and may undergo modifications through amendments before a potential final approval. The original proposal also includes effects for people who have already retired early with at least 40 years of contributions.
The PSOE's shift allows the reform to advance
One of the main political keys of the vote lies in the change of position of the PSOE. The socialists had rejected in June an amendment from Podemos that pursued the same objective, along with the PP, while Sumar supported it and Vox abstained.
This time, the socialist spokesperson in the Labor Commission, Alberto Mayoral, has argued that it is necessary to address the situation of those who were "too old to reintegrate into the labor market and too young not to be penalized".
"We need to have a serious debate about those long contribution careers," Mayoral pointed out during the debate. Sumar has also supported the processing, although its deputy spokesperson, Aina Vidal, has considered it "excessively rigid" to set the boundary for eliminating penalties exactly at 40 years.
What Podemos proposes
The text promoted by Podemos seeks to eliminate the reduction coefficients applied to those who advance their retirement after having contributed for 40 years or more. Currently, anticipating retirement compared to the ordinary age can permanently reduce the amount of the pension.
The proposition goes beyond future retirees. It also contemplates that those who have already retired early with at least four decades of contributions can request a new calculation of their pension from Social Security according to the rules that the reform would establish.
The general secretary of Podemos, Ione Belarra, has defended from the podium that maintaining those penalties in such extensive work careers constitutes "an absolute injustice." The purple formation had been trying for months to convey this demand to a legislative modification.
PP and Vox raise reservations
The proposal has advanced despite the objections expressed during the debate by PP and Vox. The popular deputy Miguel Ángel Paniagua has admitted that he considers it "unjust" to maintain reducing coefficients for prolonged contribution careers, but he has rejected that the proposal also applies to voluntary early retirements.
PP has also questioned the economic scope of the proposed retroactivity. The Government had previously calculated the cost of eliminating these penalties at 3.358 billion euros: 1.345 billion would correspond to voluntary early retirements and 2.013 billion to involuntary ones.
Vox, for its part, has criticized the establishment of 40 years as a threshold. Its deputy Juanjo Aizcorbe has warned that, with the proposed wording, a person with 39 years and 11 months of contributions would still be subject to the reducing coefficients.
A demand that had already gained a majority, but not legal status
The elimination of penalties for long careers had already received parliamentary support previously. In November 2025, a motion from Podemos on this issue was approved with 180 votes in favor, none against, and 170 abstentions. That vote, however, did not directly modify the legislation.
The attempt to subsequently convert that demand into a legal reform failed in June, when PSOE and PP rejected the amendment presented by Podemos. The vote this Tuesday now opens a new avenue, although the final content is still to be decided: the text will have to go through the following phases of parliamentary processing and the groups have already anticipated changes to some of its points.