Key Points of Discussion in Pension Reform
February 18, 2026
The discussion about pension reform is focusing on three key points: the minimum pension, the 12% penalty, and the involvement of the second pillar with pension funds. The maximum basic pension is expected to increase to 764 euros, while reductions in higher pensions may occur to support low-income retirees. There are uncertainties regarding the fate of the 12% penalty, as the government appears to be changing its stance. The government is expected to clarify the calculations related to additional work experience before retirement. This reform will significantly impact retirees and the economy as a whole.