Law 21/2021 on the guarantee of the purchasing power of pensions and other measures to reinforce the financial and social sustainability of the public pension system modified the system of rewards and punishments in force to date, established the revaluation of pensions with the CPI and repealed the sustainability factor.
AIReF has assessed the impact of each of these measures and has incorporated them into the baseline scenario included in the Opinion on the long-term sustainability of Public Administrations.