Our retirement system was strongly established with laws 18,037 and 18,038 by which retirement benefits were granted at age 55 to women and at age 60 to men, both in the field of workers under a dependency relationship and self-employed workers with a minimum of 30 years of experience. effective contributions taking about 12 to 15 months for the process to be issued to those who carried it out and generally liquidated, harming the beneficiaries, since the best 3 years contributed from the last 10 effective years were taken.
Since 1991 with the government of Carlos Menem They noticed that the system did not close, even with the contributions established to the pension system by the Federal Tax Co-participation, since it could not be financed. To this end, from 1992 onwards, he prepared a draft Pension System Law that ended up being approved and bearing the number of Law 24,241, by which the retirement age was modified, bringing it to 60 and 65 years of age for women and men, respectively, with a minimum of 30 years of effective contributions and the calculation of the benefit is carried out on the average of the last 10 years (120 months) contributed with the aggravating factor that allowed the entry of insurance companies to grant these benefits called “AFJP (Retirement and Pension Fund Administrators)” for which and arriving at what was prevailing at that time, which was neither more nor less than WILD CAPITALISM/SAVE YOURSELF WHO CAN, which today we would even call it anarcho-capitalism from the individual contributions for both the self-employed and workers in a dependent relationship against the “distribution” system that was administered by the ANSeS.
Upon the exit of convertibility in 2002, it began to become evident that the system was once again unsustainable and the value of the commissions charged by the AFJP from the workers’ respective contributions was increasing and the amounts of the benefits they received were becoming increasingly smaller. granted, including calls “life annuities” for those who did not reach the total individual contributions; even knowing that in the period from 1992 to 1994 the Government of Carlos Menem began to establish a series of pension moratoriums at historical values that were NEVER regulated by its economic champions/Ministers Cavallo and R Fernández of which the most important was Law 25,865
As the years have passed since 2002, the procedures were streamlined to an average of between 3 and 5 months for their collections, giving transparency to the system, showing the technological weapons, answering queries from the media through the Executive Director of the ANSeS at that time (Sergio Massa), and in 2004, seeing that the deficit of our beloved older adults was very important, the Government of Néstor Kirchner had regulate Law 25,865 giving them the possibility of paying contributions not made, especially until December 2003.
Therefore let it be understood, those who achieve a moratorium retirement, they are not receiving any gift from the National State since they are paying the unpaid contributions – generally by employers/premises owners – for benefits actually provided.
These moratoriums allowed for coverage of 98% of older adults with pension benefits and medical services provided by the National Institute of Social Services for retirees and pensioners (PAMI), providing them with a better quality of life and dignity as they transition through the stage. end of their lives.
Until November 2015, the system could be covered without problems because there was a consumption level of around 80% in our economy.; but since April 2016 with the extremely exaggerated increases in the values of public services that the Government of Mauricio Macri ordered, taking them – in accordance with what the respective laws establish – at dollar value, even taking away the benefit that PAMI provided on free medicines and other additional benefits began a scheme of impoverishment and inequality that they intended to increase terribly, generating a new Retirement Adjustment Law that was subsequently modified again since March 2020 and in April of that year the system of 330 active ingredients (drugs) was returned. which meant nearly 3,300 free medications for retirees and pensioners.
The system once again became a little more sustainable as a result of economic activity recovering from 46% in June 2019 to around 70% as of November 2023.
From 2016 to today, the number of active workers moved between 1.1 and 1.4 vs. the 4 needed to be self-sufficient and not depend on national revenue for coverage.
Current system
As of January 2024, the system once again became almost unviablea consequence of the self-generated recession with the 118% depreciation and price liberation provided by DNU 70/2023 together with the Base Law. Regarding the presentation of the 2025 Budget project, the Executive Director of ANSeS attended this week, communicating:
- updating of retirements and pensions will be close to 15% vs. 18% of projected inflation
- non-renewal of the pension moratorium that expires on March 24, 2025
- intend to return to the annuity system under the name of Proportional Retirement Benefit
- fully frozen maintenance of the current non-remunerative bonus of $70,000 throughout 2025 without updating inflation
- calling for the retirement age to be raised for women and men, equally, to at least 70 years.
All this in the current context ensures, even, greater unviability of the retirement and pension system Consequently, the problem of the system is the lack of registration of workers in the formal system, therefore with what is enacted in the Bases Law and the labor reform that is intended to be carried out, not only will it not increase them but it will generate a decrease in contributors which brings with it a greater reduction in benefits in medical benefits and medications that together opens the doors again to the system of fund administrators with the problems of inequality that we already knew between 1994 and 2008. Even today having a FGS that decreased by almost equivalent to US$ 70,000 million on 12/10/2023 to around US$ 30,000 million today.
I mean, If we apply the same solutions to the same problems with the same actors from 1994 to today, why are we going to have different results? As Alberto Einstein really expressed and not the serial plagiarist who guides the destinies of our country – according to the number of judicial complaints he has today.
Source: Ambito
