Labor and Social Security developments for 2017
13/12/2016
• Fixing the minimum interprofessional salary for 2017 (DA only)
The Government, in accordance with the provisions of article 27.1 of the revised text of the Workers' Statute Law, approved by Royal Legislative Decree 2/2015, of October 23, the minimum interprofessional salary for 2017 with An increase of 8% over what is established in Royal Decree 1171/2015, of December 29, which establishes the minimum wage for the interprofessional by 2016.
Likewise, the Government must determine the effect of this increase on references to the minimum wage in the collective agreements in force on the date of entry into force of the Royal Decree approving the minimum interprofessional salary for 2017 , As well as in non-state regulations and in contracts and agreements of a private nature.
• Update of the maximum limit and maximum contribution bases in the Social Security system (Art.9)
The amounts of the maximum limit of the contribution base to the Social Security in those schemes that have it established and the maximum contribution bases applicable in each one of them will increase, from January 1, 2017, In 3% compared to those in force in 2016.
• Future increases in the maximum limit and the maximum contribution bases and the maximum limit of the pensions of the Social Security system (Art. 10)
The increases in the maximum limit of the contribution base and the maximum contribution bases in the Social Security system, as well as the maximum limit for pensions caused in this system, which are carried out after this Royal Decree- Laws will conform to the recommendations made in this regard by the Permanent Parliamentary Committee for Evaluation and Follow-up of the agreements of the Toledo Pact and agreements in the framework of the social dialogue.
• An increase of the SMI by 8% will automatically cause an increase in the same percentage, that is to say, 8% of the minimum contribution bases and as a result of this, the self-employed and the companies will be the real victims With this measure proposed by the PSOE and agreed with the Government. So much so that approximately one million self-employed workers (corporations and freelancers with more than 10 employees) will be listed around 300 euros more per year, which will give the Social Security an increase of about 70 Millions of euros of extra income.