Fellows will have the same coverage that an employee of the General Scheme with the exception of unemployment protection

The Royal Decree 1493/2011 of 24 October, which is responsible for developing the law 27/2011 of 1 August, on updating, improvement and modernization of the Social Security provides participants assimilation among the training programs that are linked to college or vocational training and employees, Social Security purposes.

A change highly demanded by society

In our country, about 30,000 people are currently benefiting from such grants , and between 100,000 and 300,000 have been at some point in their lives, a lot of high skilled people who, for years and in favor of getting more experience professional, usually stringing this type of grants that were not created it, for example, when applying for retirement.

Spanish society had been demanding changes in this area a long time, changes that have come in the form of Royal Decree approved by the Council of Ministers. Young people from this November, are affected by these changes, are those having a university education or vocational training, obtain scholarships that include training internships in companies, institutions or entities, and which receive payment, regardless of the concept or the way in which perceived.

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From November 1, 2011, the fee must be satisfied to Social Security for each student in active, 48 per month. Of this amount, 6 shall be paid by the grantees and 42 by the agency or company to finance the training program, which will have the capacity of employer and shall, therefore, the rights and obligations according to this scheme General Social Security. In case of co-financing of grants will be considered businessman who made the actual payment of the allowance. As for how they will contribute, in terms of common and professional contingencies and the regulation of their income, the relevant listing rules already used for training and apprenticeship contracts. However, there will be no obligation to contribute to unemployment, or the Wage Guarantee Fund , either by training.

The alumni can sign a special agreement

For people who have made ‚Äč‚Äčthese work practices prior to the enactment of this law, establishing the possibility of signing, subject to proof of their participation in the program, a special agreement with the Treasury for Social Security that allows computing, a purposes of contributions, periods when he was manager, both in Spain and abroad, and a maximum of two years. The contribution base shall consist of a minimum basis, existing in the General during the period in which he practiced, applying a reduction coefficient of 0.77. Meanwhile, the signing of the agreement may be requested until December 31, 2012 and is set for the possibility of a single payment as payment in installments.