Retirees: 60% did not complete all the necessary requirements to access the benefit

Retirees: 60% did not complete all the necessary requirements to access the benefit

Data from the National Undersecretary of Social Security reflect that 2024 closed with a total of 7.28 million beneficiaries of the retirement system. On March 23, the “moratorium” ends.

The National Social Security Administration (ANSES) incorporated a total of 274,553 new retirements and pensions throughout 2024, with which he began to have 7,278,830 beneficiaries. The data indicate that the proportion of benefits granted to people who have not completed contributions and years of service continues to grow and those who completed all the requirements decrease.

In the case of Those who entered with a “moratorium” numbered 305,041 new beneficiaries and, on the other hand, on the side of the retirements and “normal” pensions, the number decreased by 30,488. Therefore, there are now 4,329,041 retirees “with a moratorium” and another 2,949,789 without.

Strictly speaking, when analyzing The general picture of the pension system, 59% of the current beneficiaries did not manage to complete their years of contributions, while only 41% obtained their pension with all the procedures in order.

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The total amount of retirees with “papers in order” remains more or less stable at around 3 million of people from 2001 to date. In that year, the total number of retirees and pensioners was 3.3 million, while in 2024 it dropped to 2.9 million. They decreased by about 400,000 beneficiaries.

On the other hand, those who entered through what is called “moratorium” rose from 4,833 in 2005 to 4.3 million in 2024. He breaking point was 2015. That year, there were 3.2 million compared to 3.1 million for the “normal” ones.

Moratoriums end

In accordance with the latest regulations in force, On March 31, the chapter on pension moratoriums in Argentina will end. The Government has already said that it is not going to extend the system that for many analysts ended up “breaking” the so-called “distribution” or “solidarity” system.

A study recently prepared by the Institute for Social Development of Argentina (IDESA) which covers all retirement regimes, including in the provinces, suggests that in the country, only 20% of retirements are “normal.” 80%, for some reason, charge more than the rest or obtained their benefit without having completed all the requirements.

IDESA estimates that in total there are 10 million pensions at a consolidated level in the country. It includes among those who have some “privilege” the “double” benefits generally received by widowed women, who receive their retirement plus their deceased husband’s pension.

Source: Ambito

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