About 25,000 rally in Madrid to defend Spain's state pensions
· Economy · Spain
About 25,000 people rallied in Madrid in support of Spain's state pension scheme, demanding that pensions remain indexed to inflation and that the gender pension gap be eliminated. The demonstration reflects concern among retirees and workers as governments across Europe face pressure over the sustainability of pay-as-you-go pension systems and the cost of living.
Why it matters:Pension indexation is a growing political fault line in ageing European societies, with implications for public budgets and retiree incomes.
Key points
- About 25,000 people rallied in Madrid.
- They want pensions indexed to inflation.
- They also demand closing the gender pension gap.
Sources (original reporting)
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