Spending on contributory pensions represents 11.7% of GDP | Spanishvida
The payroll of the contributory pensions for July is 12 billion euro. 10,055,940 contributory pensions are paid to more than 9 million pensioners and there are 538,856 benefits that add up to the gender gap complement. Expenditure on contributory pensions stands at 11.7% of the Gross Domestic Product (GDP) in the last 12 months, up
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Source: spanishvida.com