Entre Ríos evaluates a pension agreement to clean up the Caja’s deficit

Entre Ríos evaluates a pension agreement to clean up the Caja’s deficit
Entre Ríos evaluates a pension agreement to clean up the Caja’s deficit

He deficit of the Retirement and Pension Fund of Entre Ríos is located in a “desperate situation”which is why in the provincial government They evaluate different policies to begin to clean up the accounts, whose problems have worsened in recent years. The measures would impact the universe of actives and pasives.

As he knew NOWit would be a “pension pact” between all sectors – unions, federation of retirees, municipalities, legislators, Judiciary, among others –, which allows us to face the serious and historic problem of the Fund, whose monthly deficit currently reaches 19,000 million pesos per month. If this continues, they warn that “in two years it will be unviable.”

The measures began internally in the pension organization with audits and, now, they would also seek to rescue the pension system. The most worrying diagnosis is the ratio of 1.82 contributors for each liability, with a trend that worsens when projected over time. The optimal equation for the solidarity system would be 4 by 1.

Regardless of the possible measures, by order of the governor Rogelio Frigerio There are three points that will not be touched on within the package that would include an eventual “previsional agreement”: The 82% mobile will be maintained, the Fund will continue to be provincial and the retirement ages will not be modified.

Possible measures to clean up the Retirement and Pension Fund of Entre Ríos

On the one hand, the Government of Entre Ríos has already made progress in the judicial front by suing the national government in April for the Anses debt which amounts to about 154,000 million. This issue, which will be resolved in the Supreme Court of Justice of the Nation, would entail clean up a quarter of the pension deficit.

On the other hand, as a source of resources, the possibility of setting a discount for those liabilities included within the Special Regimes until they reach the common ordinary retirement age. The contribution rate could be 1% for each year until reaching age 62 for men and age 57 for women. This would be covered by paragraph “d” of article 12 of Law 8,732. In total, there would be 16,000 retirees in this condition, out of a total of 64,000.

Another of the measures evaluated would come on the side of the active, with a higher retirement contribution, also protected by the same Law 8,732, article 12, paragraph “h”. The idea would be to be able sign specific agreements with the ranks that allow the deficit to be reduced. Currently The rate is 16% and efforts would be made to increase personal and employer contributions.still without details.

The Government knows that there are marked salary inequalities and the Fund must face payments of 98 different ranks, of which 84 have sectoral parity with other types of increases with respect to the 14 ranks that depend on the central government. The most emblematic case is that of the judicial salaries that are linked to national increases. Sectoral agreements would be key to avoiding increases in pensions that are decoupled from provincial reality.

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#Argentina

 
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