The Government approved days ago the regulation of Law No. 27,705 that establishes a pension payment plan for people who are of retirement age but do not have 30 years of contributionsin which they determine that in order to enter the same they must meet certain parameters of declared income and assets, and that they will not be able to access the purchase of “savings dollars” or stock dollars.
The regulations were provided by Decree 173/2023, published in the Official Gazette and, as reported today by the National Social Security Administration (Anses), shifts are already enabled to carry out the procedure in the agency’s offices through your website.
Based on the regulations, ANSES will be in charge of establishing the parameters for access to the moratorium, taking into account both the number of months necessary and the patrimonial and socioeconomic aspects of the applicant, and for this it will use its databases with those provided by the Federal Administration of Public Revenue (AFIP) and other agencies.
In this sense, the gross annual income of the applicant and its patrimonial manifestation will be taken into account in their sworn declarations of the Tax on Personal Assets, the National Directorate of the National Registries of Automotive Property and Pledge Credits, the National Aviation Administration Civil and the vessels informed by the Argentine Naval Prefecture.
Expenses made with credit and debit cards will also be taken into account.
In the case of exceeding any of these parameters, they will be able to access the moratorium but in a single payment, which will not be deductible from the pension credit.
On the other hand, in the case of the moratorium for people who have not reached retirement age, the Anses must prove that they have registered income with guidelines that will be established eventually.
To all these conditionalities, the regulation ratified, in its article 2, that People who want to enter the moratorium for people of retirement age will not be able to access the exchange market to obtain dollars for a period of 12 months from the date of application. “as established by the explanatory and complementary regulations”.
Said measure ratifies yesterday’s decision of the Board of Directors of the Central Bank of the Argentine Republic (BCRA) that defined that the people who access both the new moratorium and those who are studying a payment plan to access a retirement will not be able to access the purchase of savings dollar or stock dollar (MEP or CCL).
Based on the law, which was approved on February 28 by the Chamber of Deputies, it is estimated that some 800,000 people who have the age but not 30 years of contributions will be able to access a retirement.
The vote had 134 votes in the Chamber of Deputies that were contributed by the Frente de Todos (FdT), the Federal Interblock, United Provinces, and the left; while the rejection gathered 107 votes from Together for Change (JxC), and the two right-wing groups: La Libertad Avanza, led by Javier Milei, and Avanza la Libertad, led by the liberal José Luis Espert.
The half-sanction in the Senate on June 30 had 38 votes in favor of the FdT, its allies and the senator from Córdoba Federal, Alejandra Vigo; six against and 18 abstentions contributed by the JxC interblock.
The periods to be included in the plan will include periods that are prior to December 2008 inclusive, with the requirement being 18 years of age at the time of the oldest period that is declared as owed.
In practice, the new moratorium replaces that of Law 26,970, which expired on December 31, and which allowed the regularization of women’s contributions until December 31, 2003 for women.
In the meantime, the moratorium established by Law 24,476 for contributions made up to September 30, 1993, with a plan of up to 60 installments, will continue to be in force, as well as the Universal Benefit for the Elderly (PUAM) -with a salary equivalent to 80% of the minimum retirement – for people over 65 who do not meet the moratorium requirements.
In the case of the Payment Unit of the pension payment plan, its validity -and its eventual extension- will be determined by the Executive Power.
To access, it will be necessary to meet the retirement age (60 years for women and 65 for men) or to reach it within a period of two years from the entry into force of the regulation.
The value of the Payment Unit, that is, of each month of contribution to be paid, will be equivalent to 29% of the minimum tax base of the remuneration, which may be paid in a maximum of 120 monthly installments.
The current minimum base is $19,758.21, so the minimum installments will be around $5,729.88 per month.
In turn, the installments may not exceed 30% of the minimum retirement (currently $58,665), so they will not exceed $17,599.
The value of the quotas will depend on the number of years of contributions that remain to be accredited, and will be updated according to the quarterly increases provided for by the Mobility Law.
They will be deducted by Anses directly from the retirement credit.
On the other hand, the Contribution Cancellation Unit is addressed to active workers who do not have 30 years of contributions, but who have not yet reached retirement age, being over 50 for women and 55 for men.
Unlike the moratorium for contributors of retirement age, this does not have a specific term to join and will allow the cancellation of contributions up to March 31, 2012.
This plan does not allow immediate retirement, but it does allow you to pay off unpaid contributions at the time, to reach retirement age in better conditions to request retirement.
Both schemes are incompatible with any other contributory or non-contributory pension benefit (except those that are contributory with amounts less than the minimum retirement), in addition to social plans of a socio-labor nature.
In the case of having said incompatibility, the applicant must cancel said benefit to access the moratorium.
The procedure to join the plan is now available at www.anses.gob.ar.
“We are waiting for these men and women who for so many years have made an effort that we want to recognize. That is why our more than 420 offices will be open to receive them and start the path towards a new stage in their lives,” said the executive director of Anses, Fernanda Raverta in a statement.
Source: Ambito
