When a person retires or suffers a permanent disability, it is usual for them to leave their job and begin to receive the corresponding pension. However, there is the possibility of reconciling both situations. That is, collect a benefit for retirement or permanent disability in its contributory modality and work for yourself or for someone else.
Of course, when a person in one of these two situations decides to continue with their work activity or start a new one, they must notify the National Social Security Institute (INSS). It is one of the notices that the Ministry of Inclusion, Social Security and Migration periodically launches through its citizen attention account on Twitter.
As a general rule, the enjoyment of a retirement pension is incompatible with carrying out an activity as an employee or self-employed that gives rise to registration with Social Security. However, this rule has exceptions, which aim to improve the job offer and the financial sustainability of the pension system:
-Partial retirement. It allows the worker, in agreement with his company, to reduce his working day between 25% and 50%. This person would receive the retirement pension in an amount inversely proportional to the reduction in working hours. In the event that the worker has not reached the legal retirement age, the company must enter into a relief contract with another worker.
-Active retirement. With this modality it is possible to reconcile a retirement pension and self-employment or third-party work -full or part time-. Of course, provided that retirement has occurred after the ordinary retirement age and with a percentage applicable to the regulatory base of 100%, which implies having a complete contribution career. During active retirement, 50% of the pension is received. However, if the work is self-employed and it is proven that at least one employee has been hired, the amount of the pension compatible with the work will reach 100%.
-Flexible retirement. It allows those who receive a retirement pension to start a part-time job with a reduction in working hours of between 25% and 50% over the usual working day, and make it compatible with the benefit that they had been receiving. The amount of the pension will be reduced in proportion to the percentage of the day worked part-time.
– In addition, the retirement pension is also compatible with self-employment whose total annual income does not exceed the amount of the Minimum Interprofessional Salary (SMI) in annual computation. It can also be made compatible with the development of an artistic creation activity for which income derived from the ownership of intellectual property rights is received. A common situation in, for example, the group of writers.
Absolute permanent disability and severe disability pensions can be combined with the exercise of those activities – lucrative or not – that are compatible with the state of the disabled person. Of course, as long as they do not represent a change in the pensioner’s ability to work that could give rise to a review of the disability by the Managing Entity.
If you perform a job included in any of the Social Security regimes (general, self-employed, sea or mining workers) there is an obligation to register and contribute.
The start of any activity on their own account or on behalf of others must be notified to the INSS. Except when the pension is derived from occupational disease. In this case, prior authorization will be required.
Pensioners required to notify the INSS of the start or end of a work activity must download and fill out a form. This file, available on the Social Security website, includes both the instructions for completing it and the documentation that the interested person must provide.
The public entity recommends carrying out this procedure electronically. Other channels are by ordinary mail or at a Social Security Information and Service Center (CAISS), requesting an appointment by calling 901106570/915412530 or on the website www.seg-social.es.
In case of not communicating this situation, the INSS can sanction the beneficiary, in addition to a large fine, with the loss or suspension of the benefit.
The pension may be suspended when the job is performed full-time by the person who has agreed to early retirement or with an early age. Also if the full-time job performed by the recipient of a retirement pension does not reach 100% of the regulatory base. A final reason to withdraw the pension is when the pensioner holds a position in the public sector.
7
