Mutualistas will hold its Territorial Assemblies in the Canary Islands between May 26 and 29 as part of the annual participatory process that will culminate in the Ordinary General Assembly on June 28 after closing a «very good year» in 2024.
Director General Rafael Navas explained to Europa Press that initially a 4.13% profitability will be approved at the end of the fiscal year, allowing for a profitability supplement to be applied to mutualists.
This supplement corresponds to the difference between the final profitability of the fiscal year and the profitability previously paid in advance: 3.25% in January and February, 3.30% from March to September, and 3.75% in the fourth quarter of 2024.
Navas detailed that the fiscal year closed with 595 million in contributions, over 100.513 billion euros in managed savings, and over 11.000 billion in managed assets, plus a surplus of 106 million euros that will be allocated –according to the proposal of the General Assembly– to strengthen the solvency of the entity as unencumbered proprietary capital.
Likewise, he pointed out that the first four months of 2025 «are going very well», specifically «the best in history» in terms of contributions, with nearly 11.000 billion euros managed, with a profitability of 13.5% being accounted for, which is then complemented with the actual profitability from investments.
«I believe it is a strong entity, with strength and solvency, which is important for each locality and then rewarded with good profitability,» he explained.
The representatives elected for the Ordinary General Assembly on June 28 will be part of the 236 selected in the 83 territorial assemblies that will be held in each bar association in the country, with three coming from Santa Cruz de Tenerife, five from Las Palmas, one from Lanzarote, and one from La Palma.
Regarding the ‘bridge’ from Social Security –the transition of lawyers to the self-employed system to improve retirement pensions– he commented that the situation remains «more or less the same» after the consideration by the Congress of the Socialist Group’s bill and the opening of the amendment period.
He mentioned that «everyone» is requesting that this decision be «voluntary and individual» and in determining how the «money exchange» will be done based on the years of incorporation into the RETA, with a formula designed by Social Security, «which is not yet very refined in the bill.»
