of employees hired on permanent contracts
million euro
used by employees in 8 areas
with Hextra in 2017
of the variable remuneration
of managers was dependent
on achieving sustainability targets

Pension funds

The number of employees participating in the pension funds as at December 2017 was 5,390, or around 64% of total Group employees, showing a stable figure compared to 2016. The main pension funds are: Pegaso for employees under the gas-water and electricity national collective labour agreements; Previambiente for employees under the Federambiente national collective labour agreement; and Previndai for managers. 90% of total employees enrolled in pension funds are enrolled in these three funds.

Yield of the main pension funds (balanced sub-fund)
% 2015 2016 2017
Pegaso 2.30% 3.46% 2.81%
Previambiente 3.11% 3.15% 2.31%
Previndai 3.05% 0.33% 6.50%