75:, who proposed a debate about the sustainability of the social security system. In the midst of a recession, the social security system was under pressure from a widespread use of early retirement, used by companies to lay off workers. The unexpected rise in retirees risked plunging the system into systemic deficit.
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Changes were made to improve efficiency and fraud prevention, and an effort was made to encourage employment in labour-intensive industries as well as those requiring highly qualified employees, by reducing contributions. In addition, while maintaining the retirement age at 65 years, those wishing to
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The package of measures involved both structural and management changes, including separation of contributary and non-contributary benefits, leaving the social security funding only contributory benefits while non-contributory benefits were to be financed from general taxation.
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The reform also involved a simplification of the numerous special conditions for different categories of workers and unified the contribution levels and ceilings.
91:, to be financed by surpluses of contributions over costs during periods of strong economic growth and to be used during periods of recession.
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Finally, a permanent parliamentary commission was created in order to monitor and modernise the pact and the system.
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Boletín
Oficial de las Cortes Generales, Congreso de los Diputados, 12 de abril de 1995. Número 134
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carry on working beyond 65 would be encouraged by the social security system.
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on 6 April 1995, aimed at streamlining and guaranteeing the future of the
43:. The background to the reform was a series of recommendations by the
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Measures aimed to reform the
Spanish social security system
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87:A significant reform was the creation of a
63:(PSOE) had lost seats to the conservative
31:) was an ambitious reform of the Spanish
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61:Spanish Socialist Workers' Party
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55:Background
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19:The
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