The Directory of the Retirement and Pension Fund for University Professionals (Cjppu) approved a salary reduction for managers and officials of the institution.
It was agreed to “apply the Article 744 of Law 19,924 dated December 30, 2020, which cap wages that can be received by people who provide services to non-state public bodies, preventing them from exceeding the “higher permanent monthly income” of a deputy secretary of state.
This with the exceptions authorized by the Presidency contained in annex 1 of resolution E/618 dated April 1, 2020. The agencies may request, in exceptional cases and for reasons based on the notorious competence or irrefutably proven experience of the natural person, exceed the established limit for which they must have a prior favorable report from the Planning and Budget Office (OPP) and the Ministry of Economy and Finance (MEF).
The resolution had four affirmative votes that were from the President of the Board, Virginia Romero, the Vice President, Daniel Alza, and the directors for the Executive Power, Elzeario Boix and Luis González. While the negative votes were two: that of the director Fernando Rodríguez Sanguinetti and that of the representative of the passive, Odel Abisab. Secretary Director Blauco Rodríguez abstained.
The Board of Directors, which took office on December 14, released the aforementioned resolution after working on two motions at its meeting held on the day of yesterday Thursday.
The first motion, which was voted on negative by 4 votes to 3, it was supported by the directors Rodríguez Sanguinetti, Abisab and Rodríguez and proposed capping all the salaries of the Caja de Profesionales without exceptions.
Camilo dos Santos
It is marked that the eight managers may make use of the exceptions if the Board of Directors allows it, with their respective wage cuts. The salary of the general manager, today Miguel Sánchez, dropped from $626,694 to $413,191 nominal. The IT manager collects $286,947the manager of Collection and Control $283,782and affiliate manager $274,899. These amounts may be increased if so established by the Salary Councils, provided that “they do not exceed the percentage increase for public officials.”
Four of them have their salaries frozen until they reach the range of what an Undersecretary of State receives. This is how they will charge $282,506 nominal the managers of Technical Consulting, Management Planning and Control, Legal Consulting, the administrative accountant, and the internal auditor.
These salaries do not count “the legal supplementary annual salary, the seniority premium and social benefits”, adds the resolution, which gives effect to the exceptions until December 31, 2022.
The salary reduction is part of the Board’s proposals to solve the deficit situation of the box. The agency’s deficit for the 2021-2026 period would be between US$ 166 million and US$ 262 million on a stage means, medium while In a pessimistic scenario, the estimated amount of the deficits would range from US$238 million to US$329 million.
