Spanish retirees rallied in Madrid to demand an increase in public pension payouts yesterday afternoon (September 23).<br /><br />Footage shows hundreds of protesters marching in the streets of the Spanish capital.<br /><br />Organisers of the rally, which includes the biggest workers’ unions in Spain, complain the former government's 0.25 percent increase fails to keep up with inflation.<br /><br />Experts have warned about the future of Spain’s pension system as the population ages, with fewer workers contributing to the national pension fund as the number of retirees rises.<br /><br />According to figures released by the Spanish Government, 139 billion euros (£125 billion) was paid last year in state pensions.
