Spain’s pension system paid out $330mn to dead people in 1 year

Spain's National pension system which is running the biggest deficit in its history, paid out $330 million in pensions to 29,321 deceased Spaniards in one year, says a report issued by country's audit office. Spain’s Audit Office conducted the study by cross-checking pension payments on the social security system with deaths registered at the National Institute of Statistics (INE) dating way back to 1989. The report reveals that these pensions to the dead people add up to more than $27 million every month.
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