Intergenerational equity mechanism (MEI)
Jose Saez
This tax comes to “replace” the so-called “sustainability factor” which, although it was planned to be implemented in 2019, but never occurred. In this case, the sustainability factor would have linked the amount of the pension to the evolution of the life expectancy of the pensioners through a mathematical formula that considered the mortality tables of the pensioners with 67 years as a reference.














































