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May 6, 2022
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The ruling party presented in the Senate a project to regularize pension debts

The ruling party presented in the Senate a project to regularize pension debts

The ruling party presented in the Senate a project to regularize pension debts

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The interblock of the Frente de Todos of the Senate of the Nation presented this Friday a bill that establishes a payment plan for pension debts so that some 742 thousand people who did not reach the years of contributions can retire this year.

In a press conference in the Senate, the leadership of the FdT interbloc, José Mayans, Anabel Fernández Sagasti, and Juliana Di Tullio together with Senator Mariano Recalde, announced the presentation of a payment plan that will begin to be debated by the Labor and Senate forecast.

If approved, the rule will allow to regularize missing periods of contributions up to and including December 2008 with a method of payment in installments that will be deducted from the retirement credit and that, according to the number of years to be paid, will be 1, 30, 60 or 120 installments.

Photo Victoria Gesualdi.

At the opening of the press conference, the head of the interblock, Mayans, said that the objective of the project is “greater inclusion”, he assured that the State “cannot be distracted” about the deficiencies of the system and declared that “the greater social justice, the greater social peace”.

The vice president of the interbloc, Anabel Fernández Sagasti, considered, for her part, that it is “an urgent measure” that the Senate must address and clarified that the fiscal cost that the norm will have “is almost null”of 0.02 percent.

“It is difficult for people who turn 60 and 65 years old this year to meet the requirements of 30 years of contributions to be able to retire this year and next year,” the senator explained at the press conference in the Senate.

According to estimates, in the remainder of 2022, approximately 500,000 people of retirement age could join the Social Security Debt Payment Unit contemplated in the regulation.

Besides, another 300,000 would be able to join in 2023.

According to estimates, in the remainder of 2022, approximately 500,000 people of retirement age could join the Social Security Debt Payment Unit contemplated in the regulation.

These are people who have not been able to adhere to the previous moratoriums due to the restrictions that they accumulated as of 2016, as they explained.

The senators stated that currently only one out of ten women and three out of ten men will be reaching retirement this year with 30 years of contributions demanded and the rest is forced to resort to the PUAM, a benefit sanctioned during the previous government and that grants 80 percent of the minimum amount.

Fernández Sagasti explained that the proposal includes “a pension payment plan” drawn up based on “urgent concern” since “there are 500,000 people who will not be able to retire this year for reasons beyond their control” and that “they have not been able to fulfill its 30 years of contributions”.

He added that “social security inclusion is a commitment made by this government and is part of its agenda” and expressed that he hopes to be able to discuss the proposal with all political sectors.

Photo Victoria Gesualdi
Photo Victoria Gesualdi.

He assured that, for the elaboration of the text, Anses was consulted and pointed out that it is a “superior project” of those presented previously since the fee will be 29 percent of the current minimum taxable remuneration and seeks that in the medium term that the Sustainability Guarantee Fund is “strengthened”.

“This will be updatable; that’s why we’re talking about strengthening,” said the pro-government senator.

The head of the Unidad Ciudadana block of senators, Juliana Di Tullio, declared for her part that the political space that she integrates is “not in agreement” with what retirees earn in the country, but asserted that they are looking for solutions that lead to improvements “with a coalition government that has differences”.

Di Tullio explained that the initiative seeks “to be able to settle the disaster that the previous government meant” of Mauricio Macrithe subsequent pandemic and now the war between Russia and Ukraine and added that the project was prepared “with the numbers that the Executive Branch has on the pension system.”

“We don’t think retirees earn enough”Juliana Di Tullio

The senator later denied versions of ruptures within the Frente de Todos by admitting that although there are differences, the sector that it integrates will not deviate from the line by the national government.

“Although we have some differences, we are not going to distance ourselves from a policy that has to do with the general guidelines that we have had in the campaign,” she stressed when asked at the press conference.

The senator added that they are “not satisfied (with what retirees receive) but attributed the deterioration in assets to the previous government management.

“It does not seem to us that retirees earn enough; it is what we can at this time, it is what they left us, the indebted country they left us,” he added.

Photo Victoria Gesualdi
Photo Victoria Gesualdi.

The project

Draft Law – Social Security Debt Payment Plan by Telam on Scribd



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