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Languages available: Castellano

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Languages available: Castellano

Determination of the payment due

For the contingencies of permanent disability, death and survival arising from common disease and non-work-related injury, as well as for social services, the payment due shall be the result of applying the specific coefficient corresponding to the above-mentioned contingencies to the full payment (the result of applying the single rate in effect to the basis for these concepts).

In order to determine the payment due for the contingency of retirement, the provisions of the preceding section shall be applied, taking as contribution basis the one corresponding to this concept and, likewise, the coefficient to be applied to the full payment shall be the specific one for this contingency.

The total payment due shall be the sum of the payments calculated in accordance with the two preceding rules.

Coefficients used to determine the payment

For the total contribution base chosen by the interested party, for coverage of the contingencies of permanent disability, death and survival, 0.14.

For the difference between said chosen contribution base and the base whereby the State Employment Public Service, makes contributions at any given time, for coverage of the contingency of retirement, 0.80.

In the event that the Special Agreement has been signed prior to 1 January 1998, or is a consequence of Labour Force Reduction Schemes authorised prior to said date, the following coefficients shall be applied:

For the total contribution base chosen by the interested party, for coverage of the contingencies of permanent disability, death and survival, 0.33.

For the difference between said chosen contribution base and the base whereby the State Employment Public Service, makes contributions at any given time, for coverage of the contingency of retirement, 0.40.

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