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Madrid sees massive rally as demonstrators demand safeguards for Spain’s pension system

Around 250,000 people marched through Madrid demanding safeguards for Spain’s state pension system ahead of the November 29 election. The rally comes amid a political dispute over inflation-linked pension increases, privatisation concerns and the rising cost of living

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Protesters hold banners and flags during a demonstration calling for an increase to pensions and wages through central Madrid on Saturday. PIC/AFP

Protesters hold banners and flags during a demonstration calling for an increase to pensions and wages through central Madrid on Saturday. PIC/AFP

Authorities said 250,00 people marched through central Madrid on Saturday demanding protection for the Spanish state pension scheme, one of the hot topics in a parliamentary election next month.

The rally comes amid a political row over the sustainability of Spain's pension scheme and the cost of living, with Socialist Prime Minister Pedro Sanchez accusing the right of planning to weaken inflation-linked increases.

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