An elderly man walks with a walker, on June 24, 2024, in Madrid (Spain). The Social Security Reserve Fund, known as the 'pension piggy bank', reached 7,022 million euros on May 31, its highest level since 2018, the Ministry of Inclusion, Social Security and Migration reported today. The 'pension piggy bank', which ended 2023 with €5,578 million, has so far this year received contributions worth €1,373 million, thanks to the income provided by the Intergenerational Equity Mechanism (MEI), which came into effect in 2023. JUNE 24;2024 Eduardo Parra / Europa Press 06/24/2024 (Europa Press via AP)