By John Smith • Published: 05 Dec 2019 • 17:51
THE Bank of Spain has asked the Spanish Government (which is still reviewing next year’s budget) to offer incentives to workers so that they will continue to work past the age of 65 during what is a transition period.
It is intended that the retirement age should be 67, but at the moment it is possible for an individual to claim full retirement benefit at the age of 65 and 11 months which the Bank considers to be a drain on the economy.
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Married to Ophelia in Gibraltar in 1978, John has spent much of his life travelling on security print and minting business and visited every continent except Antarctica. Having retired several years ago, the couple moved to their house in Estepona and John became a regular news writer for the EWN Media Group taking particular interest in Finance, Gibraltar and Costa del Sol Social Scene. Currently he is acting as Editorial Consultant for the paper helping to shape its future development. Share your story with us by emailing newsdesk@euroweeklynews.com, by calling +34 951 38 61 61 or by messaging our Facebook page www.facebook.com/EuroWeeklyNews
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