Toledo_Pact
Toledo Pact
Measures aimed to reform the Spanish social security system
The Toledo Pact (Spanish: Pacto de Toledo) was an ambitious reform of the Spanish social security system approved by the Spanish parliament on 6 April 1995, aimed at streamlining and guaranteeing the future of the Spanish social security system. The background to the reform was a series of recommendations by the World Bank in 1987 and the Delors White Paper in 1993.[1]