This document discusses concerns about the sustainability of Spain's pension system and proposes measures to address them. It notes that population aging and declining birth rates are increasing the burden on the system, while economic crises reduce contributions. To guarantee pensions, employment growth and increased social security contributions are needed. However, simply increasing the retirement age or reducing benefits may not achieve policy goals and could undermine the system's stability by sparking social unrest. Comprehensive reform addressing all stakeholders' interests through diverse instruments appears preferable to confront long-term challenges while safeguarding social protection.

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