New flexible retirement regulation: compatibility of retirement pension with work
28 May 2026Effective: 28 May 2026202 views
Who is affected:
Retirees wishing to work, companies hiring them and self-employed pensioner workers
Summary
Flexible retirement is reformed to make it easier for retirees to work without losing their entire pension, expanding options for both employed and self-employed work.
Detailed analysis
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Royal Decree 416/2026 replaces the 2002 regulation on flexible retirement, allowing the contributory retirement pension to be combined with self-employed work (new feature) or part-time employed work between 33% and 80% of working hours. For self-employed work, 25% of the pension is received. For employed work, the pen…
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