Seguros y pensiones para todos
Seguros y pensiones para todos

The pension system

Queremos que conozcas la evolución de los sistemas de pensiones en la historia y cómo funciona el sistema público de pensiones en nuestro país.

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Although you may think that pension systems are a recent innovation, in fact, it was the Romans who first invented a method that guaranteed a dignified retirement for their elders and soldiers. Did you know that the pay-as-you-go system of state pensions, one of the most widespread pension models and the one used today in Spain, originated in the Germany of Kaiser Wilhelm at the end of the 19th century?

We want you to understand how pension systems have evolved throughout history, the different models of pension systems around the world, the origin of pensions in Spain, and how the state pension system works in our country.

Knowing the origin of pensions is a way to understand why they exist and to know what has brought them to this day.

The origin of pensions

The main challenge that public pensions face at this point in their history is to achieve a point of balance and sustainability.

Evolution of pension systems

When talking about public pension systems, the most common thing is to differentiate them according to the way in which they finance pensions

What pension system models are there around the world?

The public pension system in Spain is governed by five well-defined principles, we will tell you what they are.

The pension system in Spain

The first thing you need to answer the question about whether pensions in Spain are in trouble is to know the Spanish pension model.

The sustainability of pension systems