In the last plenary session of the year, the deputies agreed that the minimum pension would be increased from $ 207 to $ 304, but that this was a task that the Actuarial Committee should implement in 2017.
The President of the Republic, Nayib Bukele, adelantó este domingo por lache, has made a video in which the summary will be divided the presumption 2021, which by 2021 also a new pension reform will be implemented that guarantees it, increases it of the minimum pension and the pensions of the contributors.
“With the new Assembly also we will regulate the endowment that is to guarantee the increase of the minimum pension and the pensions with a reform of the provisional system that favors the workers’ benefits”, the report concludes.
The latest reform of the provisional system is in place in 2017, with more than three years of discussion on the best way to reduce the tax deficit that was generated by the pension system at the moment, paid by the government.
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With this reform, a Solidarity Guarantee Account will be created which is financed with 5% of the total contribution (15%) and works as a common fund to finance the minimum pensions of the anniversaries.
This exchange also allows the creation of a pension balance of up to 25% for those who have contributed 10 years as a minimum.
In the last plenary session of this year and during the amendment of the presumption in 2021, the deputies will approve an increase from $ 207 to $ 304 the minimum pension only this is a task that the Actuarial Committee must implement as part of the pension reforms of 2017 .
VEA TAMBIÉN: Assemblea approves presupuesto 2021 with increased minimum pension to $ 304 monthly
This committee was set up to revise the minimum pension every three years, retrieve information and evaluate the impact of life expectancy changes and conditions of the labor market on the result of the Pension System, including the cost of the median long-term benefit, every five years the estimates of life expectancy of the population, revise and define the sufficiency and composition of the Solidarity Guarantee Account, as well as analyze all the reform proposals in the Pension System. Sondeverbod, this committee has not yet been established. (edited)