Please follow the link to the Processes and Procedures section to see a simplified version.

In its contributory form, the retirement pension covers the loss of income suffered by a person who, having reached the established age, stops working as an employee or a self-employed worker, ending his or her working life, or reduces his or her job and salary in the terms legally set forth.

This benefit is included under the protective action of the General Scheme and the Special Schemes of the Social Security System, with the particular conditions and exceptions indicated for each case and type in the relevant Special Scheme. The old age pension from the residual SOVI Scheme still continues alongside this benefit.