- This agreement develops the provisions of the recent General State Budgets Act for 2010, intended to facilitate access to retirement for members of the Basque Autonomous Police Force.
- The agreement will be applicable from 1st February and will involve providing the Basque Government with three instalments of 2,069,037 euros over the course of 2010.
The Mixed Committee for Economic Agreement with the Basque Country, made up of the General State Administration Services, the Basque Government and the Provincial Councils, today reached an agreement on how to finance the early retirement system for members of the Basque Autonomous Police Force, according to the content of Additional Provision 47 of the General Social Security Act.
By means of this agreement, the General State Administration Services undertake to finance the surcharge applied to the contributions made by the employer that provides access to this right. The amount in question is equivalent to the amount applicable to officers of the Spanish National Police Force.
The General Treasury of the Social Security will certify the annual total of employer contributions paid by the Autonomous Region for the purpose of establishing both the financial provisions to be made during the current year and the definitive settlement for the previous year, which will take place in the month of May.
Payment of the financial provisions will take place in three instalments and will take the form of a compensation applied to the quota payment made by the Autonomous Region for definitive settlement of the quota for the previous year.
The agreement will be applicable from 1st February and the total corresponding to each one of the three instalments to be paid during 2010 will be 2,069,037 euros.
Furthermore, the Mixed Committee for Economic Agreement has also ratified the budget stability objectives for the Autonomous Region of the Basque Country for the 2009-2011 and 2010-2012 periods.