While the pension moratorium project approved by the Senate continues not treated in the Chamber of Deputies, a report from the Social Security says that during 2022 442,114 people have retired or received a pension. Of this total, 239,417 did so by resorting to the moratorium, 74,081 to the PUAM (Pension Adulto Mayor) and only 128,616 “without moratorium” because they had 30 or more years of contributions.
Due to the pandemic and the quarantine, very few people retired in 2020 (119,489). Then, in 2021 it grew and in 2022 those who retired or retired exceeded the marks of 2017, 2018 and 2019, pre-pandemic.
Therefore, due to periods of inactivity, unemployment and informality, 70% of pension registrations corresponded to people who were of retirement age but have not respected the 30 years of contributions minimal.
Last year the overall system disbursed 6,884,185 services: with a moratorium they added 3,629,608 and without a moratorium 3,254,577. And another 289,142 from the PUAM. As more than half of the system’s performance did not meet the 30-year contribution and had to resort to moratoriums. 75% of the total are women.
As of December 2022, those who retired due to the moratorium received an average salary of $53,208, less than half of those who had access to the benefit without a moratorium. Those of PUAM, on average, received $40,928.
The prospects for the next few years are the same or firm more serious due to Social Security records, the vast majority of those who will be able to retire in the next 2 years, You won’t be able to do this without a moratorium.
According to reports from the Congressional Budget Office and ANSeS, with no moratorium in place, between 720,000 and 800,000 men and women could not retire in 2023 and 2024 because even if they meet the age requirement (60 for women and 65 for men) they would not meet the 30 years of contributions.
According to the OPC, in the first year there would be “494,242 people, of whom 78.3% were women. For the second year, the enrollments would be around 225,409 people”, in total 719,651 people who accumulate many years without contributions for working informally or be unemployed, and are in a situation of socio-economic and financial vulnerability.
Pensioners: how is the new moratorium?
The moratorium with medium sanction of the Senate allows to regularize the remaining periods up to the month of December 2008 (included) through the application of a method of installment payment which will be deducted directly from the pension credit they obtain. The number of installments can reach up to 120, according to the conditions established by the law.
The installments to be disbursed for the monthly installments to be regularized will be calculated according to the so-called “Pension Debt Payment Unit”, the value of which will be equal to 29% of the minimum taxable base of wages in force on the date of the request for the pension… Currently , 29% equals $4,896. For example, you can pay one or more installments per month, depending on the plan you choose.
But that tax to pay it will only be used to access the pension. It will not affect the credit, which will be calculated on the basis of the contributions actually paid without a moratorium.
so that Those who retire with the moratorium will have a “discount” from their pension because you will only receive the years paid and you will also have a credit discount on the fee during the months or years that the moratorium lasts.
For example, for an employee with an updated average gross salary of the last 120 months of $180,000 (average taxable salary of the system), the pension and the shares that will be deducted for access to the moratorium.
Thus, with 15 years of effective contributions and another 15 years of moratorium, prior to December 2008, he would have retired with a starting salary of $63,430 (35.2% of gross salary), and $9,791 would have been deducted in 90 installments or $7,344 in 120 installments. During those 10 years, the retirement in hand would be $56,086 or 31.1% of salary.
NEITHER
Source: Clarin
