The Labor and Social Security Legislation Commission of the Chamber of Deputies began to receive delegations within the framework of the treatment of the reform project of the Retirement and Pension Fund for University Professionals (Cjppu) of Uruguay; Among them was the group representing the institution, headed by its president Virginia Romero.
While the initiative continues to garner rejections from different professional and affiliate unions, Romero explained in Parliament that the proposals made by the board of directors of the Professional Box finally it was not the one Executive power sent to the facility to be treated and approved before October 27.
For this reason, the delegation proposed some modifications.
The changes requested by the Cjppu board
One of the modifications requested was in relation to the “financial appeceament of the government; that is, the economic assistance that will come directly from the State coffers, which is linked to an increase in contribution rate scheduled for 2025.
“We consider that financial assistance has to come from the first moment, and we do not agree that the rate goes from 19% to 22.5%. Because? Because 19% is not a capricious number that we have come up with, but rather it is a study that the Fund has done, which has sensitivity and basis,” said Romero.
In this sense, he maintained that the Fund considers that the maximum proposed in the project that entered the Lower House “is not appropriate for our group.”
Before the possibility that the deficit would persist beyond 2036Romero pointed out that they request that “it be determined that financial assistance has to come whenever the assumptions” of the Executive Branch are not met.
Another of the modifications they requested was “a small increase in some of the professional stamps”, especially considering that 30% of the Cjppu’s income is based on these. “We are not proposing an increase in all taxes, but rather those with the highest revenue; “They are small increases that we consider to be strictly fair,” the president stated before the parliamentary commission.
Likewise, he maintained that the value of the stamps is updated by the Consumer Price Index (CPI)while the passivities do it for the Average Salary Index (IMS)for which he demanded to “equalize the formula”, where “the values of the stamps could be adjusted by IPC or by IMS.”
Meanwhile, another claim focused on the fact that the fate of the IASS that pays taxes on the Professional Fund’s liabilities be allocated to that institution “in order to help alleviate the deficit.”
“Actually, it could be something temporary, but we believe that at this moment our members are supporting the deficit of the Social Security Bank (BPS) when our own Fund has more serious problems,” said Romero.
Source: Ambito