The Independent Authority for Fiscal Responsibility (AIReF) has published the technical documents that support the Opinion on the Long-term Sustainability of the Public Administrations, presented on March 31. In these documents, AIReF carries out a detailed analysis of the income and unemployment model, the health, education and long-term care models and the expenditure, sufficiency and equity of the pension system.
Specifically, AIReF estimates that the reform increases the generosity rate by 13 points, the Internal Rate of Return by five tenths and the replacement rate by 7.5 points.
