[ad_1]
Senator Ximena Rincón and Deputy Gabriel Silber, both from the Christian Democrats, presented a bill that modifies the calculation of pensions for programmed withdrawal, which they assure would immediately raise the amount of pensions.
The presentation was made together with the doctor in Mathematics and former candidate for deputy, Patricio Basso, where they stated that the amount of pensions for programmed retirement could be increased by an average 50 percent.
The proposal consists of modifying the method used to calculate programmed retirement pensions, which, they highlighted, would raise pensions from 25% for new pensioners to more than 80% for old ones, depending exclusively on the age of every retiree.
According to Rincón, after almost two years of work, with Dr. Basso they concluded that minimal changes to current legislation would allow an immediate and significant improvement of current and future pensions.
DL 3,500
For his part, Basso explained that an important part of the low pensions is explained by three aspects of the Decree of Law 3,500. First, because it allows very high balances at the time of the owner’s death; second, by the decreasing factor that, after 20 years, leaves the pension at a third of what it was originally and, third, by the discrimination suffered by women for having, on average, a greater longevity than men.
For these reasons, They proposed modifying three specific aspects of DL 3,500, which are: the calculation method; the use of mortality tables differentiated by sex and the obligation of the pensioner to finance not only his own pension, but also those of his beneficiaries after his death.
“If we modify these three aspects, it is possible to immediately improve the current pensions by more than 50 percent on average,” said Dr. Basso, who specified that law 20,255 should also be reviewed, which instead of using as a calculation basis the current pension uses the initial one, which is significantly higher.
“In the case of scheduled withdrawal, the solidarity supplement is financed with the pensioner’s own capital, becoming the responsibility of the state, only when said capital is extinguished, which does not occur with the life annuity modality. The use by the State of the own capital of the programmed retirement pensioner deprives him of receiving the profitability that his pension funds would receive and at some point he could even leave his savings balance at zero, depriving his heirs of any possible inheritance “, Rincon and Basso concluded.
[ad_2]
