← Back to Chapter 4
🔐 · Chapter 4 · Intermediate — Exercise 8: Pension & Contributions
Cotizaciones, años y tu futuro.
Elena, your HR advisor, walks you through the Spanish pension system — how contributions work, what the INSS does, and what you'd do if you could design your own plan.
Phase 1 of 3 — Vocabulary
Words you need to know
Study these 10 words. You'll use them to talk about pension contributions and retirement in Spain.
la pensión
→
pension
la jubilación
→
retirement
el INSS
→
Social Security Institute
las cotizaciones
→
social security contributions
la base de cotización
→
contribution base
el fondo de pensiones
→
pension fund
la prestación
→
benefit / allowance
jubilarse
→
to retire
los años cotizados
→
years of contributions
el seguro
→
insurance / cover