Having two jobs will have served to collect more pension. There is a fine print: you will not retire early
Having two jobs is a way to have a better salary, and it also helps you when it comes to having a larger pension. when your working life ends. This helps you both in a present where aspects such as housing increasingly take up more of your salary, but also to have a future with more guarantees. However, there is also a small print that you should take into account, and that is that more hours worked have no influence when counting the days contributed. Come on, it can help you with the amounts in retirement, but not in the dates or times. What does multiple employment influence?. He moonlighting It is when a worker has two or more jobs as an employee, and both are included within the same Social Security regime. In these cases, each company contributes for the salary it pays the worker. Come on, you have several contribution bases for the same period of time. Beyond allowing you to have more money each month by having two or more payers, moonlighting also influences when calculating what you will receive in your future pension. Come on, it serves to have a greater retirement pension, since the contribution bases that you have generated in each company accumulate, and this influences when calculating the regulatory base of the pension. No, having two or more jobs for a couple of years is not going to make you collect a much higher pension, but if you keep these two or more jobs for several years, then it can make a difference. There is a maximum contribution base. However, another thing you should know is that you are not going to add salaries to your contribution base unlimitedly. There is a limit, and currently the maximum contribution base is 5,101.20 euros per month. This means that the bases of your different jobs cannot exceed that limit, it is the maximum. When it comes down to it, what this means is that if you have a job that is already close to that maximum contribution base, adding a second job will not affect what you earn in retirement much in the long term. But if you have a normal job that is much further away from that maximum base, adding a second job can really make a difference. Does not count towards retirement date. No, having more jobs and contributing more does not affect the retirement date nor does it mean that you can retire earlier. Social Security counts the days contributed by calendar dates, by the number of contracts or by the hours worked. Come on, if working 8 hours a day counts the same as working 16 hours, the second hardly makes you contribute two days instead of one. Therefore, if you have several jobs you will earn more money, and when it is time to retire you will have a larger pension. However, no matter how many jobs you have had, you will not be able to retire sooner. Another thing is that when you look when can you retire with the official simulator You see that, thanks to multiple jobs, early retirement suits you well and you decide on another option. But when it comes to what you need to retire, it won’t affect you. Image | Pexels In Xataka | In Spain, those over 65 years of age are working like never before. It’s not passion for work: it’s for retirement age