Simulador Jubilacion Parcial -

Report: Partial Retirement Simulator (Simulador de Jubilación Parcial) 1. Objective A partial retirement simulator is a tool designed to help workers and companies estimate the economic and legal conditions for accessing partial retirement under Spanish Social Security regulations (Ley General de la Seguridad Social). It allows users to model the impact of reducing working hours while receiving a proportional pension. 2. Key Legal Framework (Spain)

Artículo 215 LGSS : Regulates partial retirement. Requisitos :

Minimum age: Generally 60 years (or lower if specific conditions apply, e.g., disability or long contribution periods). Minimum contribution period: 33 years (increases over time; by 2027, 35 years may be required). Simultaneous employment contract reduction: Between 25% and 50% of working time (or up to 75% if a relief contract is signed). Relief contract: Employer must hire a replacement worker (unemployed or on a fixed-term contract) to cover the reduced hours.

3. Simulator Inputs (Typical Variables) | Variable | Description | |----------|-------------| | Birth date | Determines legal retirement age | | Contribution years | Total years of contributions to Social Security | | Current salary | Basis for calculating regulatory base | | Desired reduction % | From 25% to 50% (or up to 75% with relief contract) | | Type of relief contract | Unemployed, fixed-term, or indefinite | | Company agreement | Some collective agreements allow better conditions | 4. Simulator Outputs simulador jubilacion parcial

Pension amount during partial retirement :

Proportional to the reduction in working hours. Example: 40% reduction → you receive 40% of the theoretical full pension, plus 60% of salary from employer.

Final pension calculation (when reaching full retirement age): Minimum contribution period: 33 years (increases over time;

The partial retirement period counts for contribution years. The pension is recalculated based on total contributions and regulatory base.

Compatibility warning : Notifies if conditions for relief contract are missing.

5. Example Scenario

Worker: 62 years old, 35 years contributed, full retirement age = 66 years and 4 months. Reduction: 50% working hours. Regulatory base: €2,500/month. Partial pension: 50% of regulatory base × contribution years coefficient = ~€1,250/month (before adjustments). Salary from employer: 50% of €2,500 = €1,250. Total monthly income during partial retirement: ~€2,500 (similar to full salary but with reduced work).

6. Limitations of Simulators