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By JEANNETTE NEUMANN | Bloomberg | Published: February 20, 2021 Spain is hoping to entice people to prepare for retirement with a voluntary saving plan as it tries to wean them off relying solely on state pensions. The aim is to set up a fund run by private investment companies by the end of the year, offering Spaniards an affordable alternative to supplement their public pension. But unlike some other countries, the system will require workers to opt in rather than being automatically enrolled. We think there s a group of middle- and low-income Spaniards who will be interested in a boost to their lifetime savings, which can complement their public pension, Jose Luis Escriva, the social security minister for Spain s Socialist-led government, said in an interview.

Comunidad autonoma de catalunaUnited kingdomUnited kingdom generalPatxot cardonerConcepcion patxot cardonerJose luis escrivaInternational monetary fundEuropean central bankUniversity of barcelonaEconomy ministryUk national employment savingsLuis escrivaEuropean centralEmployment savings trustBasque countryகாமுனிடட தன்னாட்சி டி கடலுள்