Análisis de la solvencia del sistema de pensiones de jubilación español desde la perspectiva del empleo a partir de la muestra continua de vidas laborales

Abstract

The dramatic increase in the rate of unemployment in Spain during the 2008-2012 period, has had adverse effects on the Spanish Social Security, decreasing the number of affiliates to the system and, therefore, its revenue from contributions, while expenditure on unemployment benefits has risen in a relevant way. It is therefore evident that employment, or rather the lack of it, has a direct effect on pension distribution systems. Assess the effect from the viewpoint of financial solvency demands go beyond the mere analysis of cash flows. It is necessary to deepen the analysis and value which is the relationship between contributions and benefits that individuals perform. This relationship will be valued, in this work, through measures such as the both Internal Rate of Return and Cost Per Unitary Pension. To carry out this doctoral thesis, we will work with the rules of operation following the reform of the Spanish pension system from 2011 as well as the most up-to-date version of the Muestra Continua de Vidas Laborales without fiscal data, 2010.