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November 28, 2014
Wednesday, August 27, 2014

Lower House passes new pensions moratorium

The Lower House has approved the bill which establishes a new pensions moratorium for independent and self-employed workers, which passed into law with almost unanimous support from government and opposition lawmakers.

After almost eight hours of debate, 202 legislators voted in favour of the proposal, with four abstentions - Martín Lousteau, Carlo Carrizo (Suma and UNEN), Fernando Sánchez and Pablo Javkin (Civic Coalition) - and not a single vote against.

Although some criticisms were raised during the debate, eventually the UCR, PRO, Renewal Front, Socialist Party, South Project, Popular Unity, Left Front, Free People of the South and GEN parties followed the Victory Front's initiative and gave their backing.

The president of the Prevision and Social Security committee, Juan Carlos Díaz Roig, had earlier opened the session by explaining that the new moratorium would reach 470,000 senior citizens who had not made the necessary pensions contributions, and that unlike previous schemes payment would be made in instalments kept up to date with the Mobility law.

Díaz Roig pointed out that "in 2003 less than 50 percent of seniors had social security cover, with the 2005 moratorium introduced by Néstor Kirchner 93 percent were covered, and with this new one 100 percent of seniors will be covered, something no more than two or three countries in the world have achieved." 
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Tags:  Lower House  pension moratorium  





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