Early Retirement Insurance

An early retirement system provides solutions for excess staff, when they are older, creating a series of complements to the state pension fund with the aim of upholding employees' wage levels.


    • The quantification of annuities is established as a complement to public benefits that each employee will receive individually, with the aim of reaching the agreed or negotiated wage level.
    • These insurance policies are established through temporary income or annuities, or a combination of both, through the payment of a single premium.
    • The reception by staffs and union representatives has been proven to be much better when a system of dismissals with these characteristics is planned, as a less tense climate is created for negotiations, a circumstance that favours their amenable conclusion.
    • The cost for the company is usually lower than that which would be paid by legal dismissal proceedings.


    Bankia offers quick and efficient systems if your company has troubles with:

    • Overstaff: Via an early retirement system with supplements to the state pension fund to uphold employees' wage levels until their retirement or death.
    • Staff's rejuvenation: There are capital provisions to handle future staff reorganisations.


    Insurance brokered by BANKIA MEDIACIÓN Operador de Banca-Seguros Vinculado, S.A.U. (NIF A-40148884) and registered office at Pº Castellana 189, 28046 Madrid. Registered in the special administrative registry of insurance brokers of the Directorate-General for Insurance and Pension Funds with the code OV-0034. Insurance agency contracts signed with Mapfre España, Mapfre Global Risks and Bankia Mapfre Vida. Financial liability insurance and financial capacity covered according to current legislation.