The Treasury reassures pensioners and affirms that pensions will be revalued according to the CPI: "The Government will comply with the law"

The Spanish Ministry of Finance has issued a reassurance to retirees, stating that public pensions will be revalued according to the Consumer Price Index (IPC) and affirming that the government will comply with the law. This announcement comes amid heightened political debate and controversy surrounding the future of the public pension system, driven by proposals from opposition parties including the Partido Popular and Vox.

Simultaneously, the political battle over pension policy has intensified ahead of the upcoming general elections on November 29. The ruling PSOE party has publicly accused the Partido Popular, led by Alberto Núñez Feijóo, of intending to privatize the public pension system.