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V2158-25 ·13 November 2025 ·consulta-vinculante Low impact
Tax

Jubilación contingency triggers 40% reduction at initial access

The consultant asks when the pension contingency occurs to apply the 40% reduction in an active pension scheme. The DGT states that the contingency arises upon accessing initial retirement, although if the benefit is not paid during active retirement, the contingency is deemed to occur when full payment is resumed.

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2025-11-13PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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