More than 1,100 companies will appear on the 'blacklist' of Social Security

More than 1,100 companies will appear on the 'blacklist' of Social Security

Work will publish the name of those who owe more than one million euros to try to recover the almost 4,500 million debt that has pending

  The Social Security accumulates an outstanding debt of almost 4,500 million euros, of which more than 1,800 million have been generated throughout this year. To fight against this delinquency, the Ministry of Labor is working to publish a list of those who owe more than one million euros, taking as a model the one that the Tax Agency publishes annually since 2015.

  The date is still uncertain, but it will be expected in the coming months, since before they have to modify the regulations of the General Law of Social Security - which establishes the discretion of the data - to be able to make public those more than 1,100 of delinquent companies , something that they intend to include in the General Budget Law of 2019. This was announced on Monday at a press conference by the general director of the General Treasury of Social Security (TSGG), Javier Aibar. However, if the accounts are not approved for next year - something that seems very likely - one of the options that is being considered would be through a Royal Decree, as noted.

And is that currently there are more than 1,100 million subjects of forced payment with outstanding debts worth more than one million euros, the vast majority of companies, because there are few debtors of that amount who are autonomous, according to Aibar. In addition, explained that before making those names public, the Treasury will personally address the interested parties to give them the possibility to pay off their debt or submit the relevant allegations to avoid leaving on the 'blacklist', as does also the Treasury . If this is not the case, they will appear marked as the system's defaulters, something that directly affects the pension deficit. In fact, with the payment of that debt of almost 4,500 million euros could be avoided extracting that 3,000 million of the 'piggy bank'

Although it is not closed how this list will work, Aibar clarified that it will be comparable to the one published by the Tax Agency, so it will have "regularity over time", since it seeks to be "an exemplary measure". On the other hand, it could be that the names of the companies are included as well as those of their administrators, as happens in the Treasury. Similarly, it would be possible for the amount to be reduced below one million euros, again similar to that of the Tax Agency, which studies reducing the threshold to 600,000 euros.

Late payment, at minimum

This could serve to further reduce the system's default rate, which is estimated to be reduced at the end of the year to 1%, compared to 1.07% in 2017. It would be, therefore, the lowest level of the last decade and would be very close to its historical minimum, which stood at 0.96% before the crisis. "This means that out of every 100 euros that Social Security collects, you only have to claim one through urgency," explained the head of the Treasury, who admitted that "it will be very difficult to lower the rate of delinquency of the Security Social below that 1% ».

This "positive evolution" is mainly due to the improvement of the situation of companies and self-employed workers, who are in a better position to face their Social Security obligations. But also - as Aibar pointed out - thanks to the control mechanisms of the quotation set up by the Treasury, as well as the measures applied by the Ministry derived from the Master Plan for a decent job, which came into force last month. August.