Spain wants retirees to return to the labor market: it will pay them up to 25% more pension if they do

Spain has approved a new decree that expands flexible retirement, allowing pensioners to combine their pension with work more easily.

For the first time, self-employed workers are included, and those who return to work after six months off can receive a 15% to 25% pension increase.

The reform will take effect on August 28 and aims to keep older workers in the labor market longer.

It also seeks to ease pressure on Social Security as Spain’s population ages.