OPINIONS

Assessment of the 2015 Revalorisation Pension Index

November 25, 2014

The 2015 revalorisation pension index stands below 0.25%, therefore the minimum increase is applicable.

According to the provisions included in its Organic Law, AIReF has assessed the compliance of the 2015 State Draft Budget and Main budgetary lines of the Regional Governments to the budget stability, debt and expenditure rule objectives.

AIRef considers that “the 2015 General Government budgetary deficit set at 4.2% of GDP is very demanding”.

“Compliance will require a strict budgetary execution to materialize the potential savings buffers which seem to exist in some subsectors to counterbalance the deficits which were detected in others”.

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