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Figaredo claims pension reform means end of public system

Original: Figaredo: "A traumatic change that demands sincerity from citizens". "In which there is a part of distribution and a par

Economist Figaredo has described Spain's pension reform as "a traumatic change that demands sincerity from citizens", involving elements of both distribution and capitalisation. Speaking on the programme Mañaneros, presenter Javier Aroca interpreted the remarks as meaning "the public pension system disappears", sparking debate over the real impact of the reform on retirement pensions.

Why now: The remarks sparked controversy over whether Spain's pension reform effectively ends the public pension system.

FigaredoJavier ArocaMañanerosSpainpublic pension system

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Evidence

• Figaredo: "A traumatic change that demands sincerity from citizens". "In which there is a part of distribution and a part of capitalization", regarding pensions. "What does that mean? That the public pension system disappears", says @JavierArocaA . #Mañaneros19O · MananerosTVE · 1.2K

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