To the Less three agreements to replace compensation for dismissal for the new labor cessation funds would be to be presented shortly. In one of them I would be working on Argentine Rural Society (Mrs) and in the others the guilds of Security and gastronomic.
If concretized, it would be a break Very strong in the tradition of agreements that contemplate greater rigidity in labor contracts, instead of flexibility.
The novelty It was launched by the Minister of Deregulation, Federico Sturzenegger, Within the framework of the marathon visit for radios and news channels of the last hours, in which it seeks to explain the results of its closing policy and mergers of organisms.
“There are several business groups that already tell me that they are soon to get it out. They have invented spectacular things. The sectors are Nicolás Pino, from Argentine Rural Society; the safety employees union, who have rotation; And gastronomic are also thinking something, ”said the official who clarified: “We are going to have news soon.”
What will happen to compensation?
Mentioning one of the articles of the Base lawSturzenegger recalled that Authorizes business chambers to negotiate with workers alternative mechanisms to compensation, Something similar to what happens in construction.
In that sector, workers contribute to an account until the work in which they are employed is finished, and then they can collect the accumulated money.
It is evident that that system is applicable to activities in which there is a high level of rotation or temporary activities. But they do not adapt to industrial activities, where, on the contrary, companies try to retain employees after a training and adaptation period. Sturzenegger himself also acknowledged that this modality almost did not aroused interest in most employer’s chambers nor in unions. So, in case any implemented, it would be rather exceptional.
Recently, the National Securities Commission (CNV) issued a general resolution that authorizes the operation of Common Investment Funds (FCI) and Financial Trust For dismissal. The CNV approved General Resolution 1071, with which a special regime for Collective investment products of labor cessationin the terms of Decree No. 847/2024.
“This system allows employers and workers replace compensation for seniority provided for in article 245 of the Labor Contract Law No. 20,744as well as other compensation areas, ”explains the statement.
The control agency He points out that “the cease fund system will be established through the Collective Labor Agreement and must be administered through common open investment funds (“FCI”) or financial trusts (“FF”) ”.
“Likewise, Article 20 of Annex II of the aforementioned Decree establishes that the CNV will be the authority responsible for supervising and controlling compliance with these provisions,” says the statement.
Labor cessation funds: What are the main points?
- Quotas or fiduciary values may be defined at the individual, company or sector level.
- The parties may freely establish the percentage of the remuneration or fixed amount that the employer will provide for said individual or collective account and the periodicity of that contribution.
- The labor cessation fund will be unattachable; The instruments created under this regime may only receive subscriptions within the framework of contributions and/or contributions of employers and/or workers.
- In case of contribution by employers, quotas and fiduciary values will be assigned with suspensive condition in favor of workers, the company or the sector.
Source: Ambito