In a measure that adds restrictions for the Dollar purchase at official price, the Directory of the Central Bank of the Argentine Republic included people who enroll in the retirement moratorium sanctioned in February by Congress.
The provision also covers those who carry out “another pension debt regularization plan”the statement said.
The prohibition to access the official exchange rate will govern “until they have canceled the debt, among the beneficiaries of State subsidies who have restricted the direct or indirect dollarization, via the stock market, of their economic surpluses”.
Sergio Massa announced an “agro dollar” to simplify quotes
On March 30, the Government promulgated Law 27,705which would reach some 800,000 people who have reached retirement age but do not have the required 30 years of contributions.
The payment of pension debt is aimed at people who, despite having reached retirement age, they did not manage to pay the 30 years of contributions dictated by law 24,241; includes women between the ages of 50 and 59 and men between the ages of 55 and 64, who have not yet reached the age limit but already know that they will not reach that number of years of contributions.
Who can access the pension moratorium
According to the law, the first group of beneficiaries are those who they have reached retirement age and they will be able to regularize the debts of contributions prior to December 2008; the payments will be deducted automatically from the retirement that they will receive monthly.
Who are to less than ten years of reaching retirement age, they will be able to regularize pending payments prior to March 31, 2012. The contribution will be calculated by a Pension Debt Payment Unit (UPDP) and the amount for each month owed is equal to 29% of the minimum taxable remuneration, which is equivalent to about $5,730 to March of this year.
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