IPFS News Link • Economy - International
Spain Dips 37% Into Social Security "Piggy Bank"...
• http://globaleconomicanalysis.blogspot.com,The situation changed dramatically with the height of the crisis. The current government has broken into the social security bank twelve times since 2012. The total amount withdrawn exceeds 24.6 billion euros while 54.69 billion remains.
This implies "at the current depletion rate, in a period of four years or so, the fund would be exhausted".