Early retiree employment risks with fines and salary recovery
The article explains that retiring early without disclosing the return to work and being covered by social security laws entails financial and legal consequences for both the employer and the retiree. These repercussions include a fine of up to 30% of the total wages paid to the retiree during the unreported period of employment, as well as the repayment of any unjustified wages received by the retiree—unless the income from the new job complies with the conditions allowing the combination of retirement pension and salary. Additionally, the retiree is required to return the portion of the pension that cannot be combined with the new income, along with the payment of interest and fines. These measures aim to reduce insurance fraud and ensure social protection through specific legal regulations.
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