Elma Saiz counterattacks Feijóo with the pension fund: from being emptied to 5 billion under the PP to closing 2026 with 20 billion.

Elma Saiz, Spain's Minister of Inclusion, Social Security, and Migration and Government Spokesperson, has engaged in a political confrontation with Partido Popular leader Alberto Núñez Feijóo regarding the management of the national pensions reserve fund, known as the "hucha de las pensiones." Saiz contrasted the financial management of the fund, noting a historical depletion down to 5 billion euros under the Partido Popular against a projected recovery to 20 billion euros by the end of 2026.

The exchange places the sustainability and trajectory of Spain's pension reserve fund at the center of ongoing political debate between the central government and the opposition. The statements highlight differing political narratives concerning fiscal stewardship and the economic outlook for the country's social security system heading toward 2026.