The STFPSN rejects alarmist theses about the financial sustainability of Social Security. According to the article, in 2025 Social Security recorded a positive balance of 6,732.3 million euros, and in June 2026 the Social Security Financial Stabilization Fund reached 49.296 billion euros, corresponding to 15.8% of GDP, sufficient to guarantee 28.63 months of pension expenses. The organization denounces that the report in question deliberately mixes the Contributory System with the General Retirement Fund, systems with different objectives, beneficiaries and financing methods.
The STFPSN warns that more than 30 billion euros in social contributions are at stake per year, making Social Security an attractive market for banks, insurance companies and pension funds. The proposal to introduce individual accounts and automatic enrollment in complementary schemes, accompanied by tax benefits, is considered a dangerous step towards privatizing the system, intending to channel workers' money to funds subject to financial market speculation.
The organization also rejects raising the retirement age, reducing the right to early retirement and any transformation of Social Security into a minimum benefits system. It argues that after a lifetime of work and contributions, workers are entitled to a dignified pension, not the obligation to resort to the private sector to survive.
The STFPSN calls for mobilization in defense of a public, universal and solidarity-based Social Security, considering that sustainability is built with stable employment, dignified wages, career valorization, combating precarity and compliance with contributory responsibilities.
