Rethinking social welfare in Spain: a basic pension for everyone

Abstract

This study proposes a general aid system based on a mixed financing model in Spain. To that end, it proposes that the different aids available be merged into a single scheme to avoid duplications. The proposed financial model factors in the tax base of the unified aids on the one hand and the contributory part of social insurance on the other. The main conclusion is that the proposal is feasible, so long as a reform of the contributory aid system is undertaken.