These are the changes in RETIREMENTS with the Milei Bases Law

Base Law: what changes will there be in retirement if it is approved

One of the most important points of the famous Base Law proposed by Javier Milei is found in article 226, which seeks the repeal of the pension moratorium what he proposes ANSES.

According to what was announced in the billthe article in question states: “The Proportional Retirement Benefit is created for those people who have reached sixty-five (65) years of age and who do not meet the requirement provided for in Article 19, Section “c” of the Law. No. 24,241 and its modifications.”

The pension moratorium of ANSES It allows retire without necessarily having 30 years of contributionsand is governed under the Law No. 27,705 approved since March 2023. The Base Law seeks to replace it with Proportional Retirement Benefit.

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The main changes that would occur in the retirements If the Base Law are:

• The Proportional Retirement Benefit would work like the Universal Benefit for the Elderly, who from the age of 65 collect 80% of a minimum retirement
• This new system would be intended for men and women aged 65 who have not met the 30 years of mandatory contributions.
• Those who have already started the pension moratorium process, if the Bases Law is approved, will not have any type of changes or inconveniences in the process
• The new system is intended to increase according to the number of years contributed to the SIPA and not to charge 80% of a minimum retirement as occurs with PUAM
• The Executive branch will be the one that determines the number of years required to access this new proportional retirement system

During Wednesday afternoon the Senate will discuss the bill Javier Mileiwhich if approved in the Upper House and obtained sanction with its return to Deputies, will come into force.