How much will retirement cost to project a new moratorium?

A worker in a dependency relationship with 30 years of effective contributions, with an updated average salary of $ 100,000 for the last 10 years, will retire at age 60 in the case of women and age 65 for in men, now has a total credit of $ 59,927. This is equivalent to 60% of the updated average salary.

If the pension debt project presented by the Senators of the Front for Victory is approved, the size of the pension, at current amounts, will be as follows:

• With 25 years of effective contributions to a dependency relationship, he will retire with $ 52,427 and within 120 months they will deduct $ 1,593 for the “purchase” of 5 years without contributions. At first it was retire with 50.8% of salary.

• With 20 years of effective contributions, he will retire with $ 44,927 and within 120 months they will have a discount of $ 3,187 for “buying” 10 years without contributions. This is equivalent to 41.7% of salary.

• With 15 years of contributions, he will retire with $ 37,427 and within 120 months they will deduct 4,780 for “buying” 15 years without contributions. Equivalent to 32.6% of salary

• With 10 years of contributions, he will retire with a minimum salary of $ 32,630 and within 120 months they will have a discount of $ 6,360 for the “purchase” of 20 years of contributions. This is $ 26,270.

In the pension debt “purchase” program, the salary scale decreases because the months and years are “bought”. serve to complete 30 years of service to access retirementbut they do not change the calculation of the retirement credit, which will depend on the years actually contributed, with the guarantee of the minimum credit.

In turn, this is allowed make missed periods regular until the month of December 2008 (inclusive) by applying for the method of payment of installments that will be directly deducted from the pension they earned. When the quotas discount is completed, the retirement credit will increase according to the amount of the quota being deducted.

Lots of installments can reach 120 according to the conditions established by the regulations which, in addition, must set parameters for patrimonial or socioeconomic evaluation to access that “purchase”.

The project clarified that this Payment Unit “only adopts the minimum service”. The months to be regularized will be calculated according to a portion of the “Social Debt Payment Unit” whose amount is equal to 29% of the minimum taxable remuneration base effective on the date of the request for social security benefit, regardless of the period if where to apply.

Thus, the Social Security Debt Payment Unit will keep the letters on the minimum salary contribution of formal workers to the social security of the worker and the employer.

That 29%, which the worker will assume as debt, is equivalent to 11% that the company did not deduct from the worker and the 18% that the employer did not contribute. Currently, 29% equals $ 3,187.

If the worker does not choose to “buy” the years without contributions, men over the age of 65, regardless of the years who actually contributed, can access PUAM (Universal Pension for the Elderly). with a credit equivalent to 80 % of the minimum credit: $ 26,104.

In the case of women, they must wait until they are 65 years old to also access PUAM, which is 80% of the minimum amount.

PUAM does not entitle the spouse to receive a pension for the death of the holder.