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Regulation for the RETA Bridge Urged Before November 29 Elections

The Mutuality of Procurators calls for the RETA bridge regulation to be approved. The legal deadline ends in late October, affecting over 150,000 professionals.

Marta Uriarte Elizondo
Marta Uriarte Elizondo
· 3 min read

The Mutuality of Procurators urges the Government to approve the regulation for the RETA bridge before November 29. The rule affects over 150,000 professionals and its legal deadline expires at the end of October.

The Mutuality of Procurators demands that the Government approve the regulation for the RETA bridge as soon as possible, before the general elections on November 29. According to canariasdiario.com, the entity believes that the royal decree is the missing piece for mutualists to transfer their rights to the Special Regime for Self-Employed Workers, as provided by Law 2/2026, which has been in force since August 1.

The law gave the Executive a three-month deadline to establish by regulatory means how funds will be transferred to the General Treasury of the Social Security and how contributions will be converted into contribution periods. That deadline expires at the end of this month. The project still needs to go through public hearing and the opinion of the Council of State, making compliance difficult.

There is still room if urgent processing is applied, which reduces the hearing to seven working days and sets a maximum of fifteen days for the opinion. The next Council of Ministers, on Tuesday, October 20, is the designated occasion to give that push.

The Mutuality of Procurators insists on the need to provide certainty to those affected:

Mutualists need certainty. We ask the current Government, and the one that emerges from the polls, to treat the regulation for the RETA bridge as a state issue and not let it be affected by the change of political cycle.

The Government retains full functions until election day. After November 29, a caretaker Government will not be able to present bills, but it can approve regulations. The entity warns that interim status often hinders coordination between ministries and the issuance of opinions from the Council of State. If the regulation does not come out before the elections, it does not lapse, but its approval would be postponed until a new Government is formed.

The demand has been on the table for over three years and affects more than 150,000 professionals. Those closest to retirement age are the most exposed, as without the regulation they do not know how the transfer of their funds will materialise nor can they decide with data if it is beneficial for them to join.

The entity already warned during the parliamentary processing that the effectiveness of the bridge will depend on regulatory development. Five months later, that development is still pending.

Marta Uriarte Elizondo

Written by

Marta Uriarte Elizondo

Redactora

Graduada en ADE por la Autónoma y emprendedora frustrada (dos veces). Coleccionista de pitch decks, cafetera y optimista pese a las estadísticas; en Diario Empresas firma las pymes y las startups.