The norm was published this Tuesday in the Official Gazette, after complaints from the IMF for the approval of the law that will benefit 800,000 people.
The national government enacted the pension moratorium law, despite the fact that the IMF raised its complaints about the expansion of spending.
After Sergio Massa’s economic team reached an agreement with the agency to make the reserve accumulation targets that had to be completed by the first quarter of 2023 more flexible due to the effects of the drought, the IMF issued a statement defining that “Early and determined steps will be taken to sustainably address the fiscal costs of the unexpected approval of the pension moratorium to secure fiscal targets for this year and beyond.”
The law approved in the Chamber of Deputies by 134 votes in favor and 107 votes against, It was known this Tuesday in Decree 132/2023 signed by President Alberto Fernández, the Chief of Staff Agustín Rossi and the Minister of Labor, Raquel “Kelly” Olmos.
According to what was voted It is a payment plan for those who did not complete the 30 years of contributions required by law. In the case of men, with an age between 55 and 64 years, and women between 50 and 59 years. In addition, those who access it will not be able to pay fees owed in the last decade, but rather from before. For this reason, the first beneficiaries will be able to regularize their situation in December 2008.
The way to pay it will be with a discount from your own retirement and the payment is calculated subtracting 29% of the remuneration. In the case of those who are less than a decade away from retiring, subscriptions prior to March 2012 will begin to be regularized. The minimum number of installments is 2 and the maximum is 120, and it is adjusted depending on quarterly mobility.
The Pension Debt Payment Plan will benefit nearly 800,000 people who in 2023 will reach the age to cease their work in the work system. From ANSES they also explained that another 900,000 Argentines will be able to pay the contributions that are missing in the corresponding periods. Currently, of 7.2 million retirees, 50% agreed through moratorium laws.
Source: Ambito
