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More than half of current retirees had to resort to moratoriums for not having 30 years of contributions


They are people who were unemployed or with informal jobs. In 2020, that proportion increased to 65%.

Ismael Bermudez

05/07/2021 10:06

  • Clarí

  • Economy

Updated 05/07/2021 11:10

More than half

of the current retirements and pensions were granted

through moratoriums or the PUAM

(Universal Pension for the Elderly) because they did not have the 30-year minimum contributions.

And the

proportion continues to increase


As Clarín reported


in 2020 65% of those who retired had to resort to these two routes.

This determines that this

universe of more than 3.5 million beneficiaries

received between $ 17,000 and $ 21,000 in March, while 2.8 million who retired under the general regime with 30 or more years contributions on average received between $ 36,585 and $ 38,892, if they retired before or after 1994, respectively.

These values ​​contrast with

the other end of the pension system

: the benefits of the almost 8,000 magistrates, judges or the diplomatic service that, on average,

exceed $ 300,000 per month. 

The data are from the Statistical Bulletin of the Social Security, which shows that

most of the current retirees and pensioners were affected in their active lives by informality and unemployment,

aggravated in the case of women by taking care of their children.

Not counting the 1.4 million non-contributory pensions for disability, old age and others (most of them charge 70% of the minimum amount), out of 6,756,305 monthly payments for retirement and pensions,

54.1% were able to retire with a moratorium or with the PUAM


And this situation - not meeting the years of minimum contributions - tends to worsen.


Retirement X-ray

March 2021


Statistical Bulletin Social Security



The latest official data shows that there are

about 10 million unemployed

and the jobs of salaried employees and independent workers

without contributions to Social Security.

Among domestic


, agriculture and construction, there

are more non-registered wage earners than registered workers.

And among the same happens between the 5.5 million independent jobs.

In addition, the

special moratorium for women

(law 26,970) expires in July 2022, and allows years of contributions to be regularized between January 1, 1955 and December 31, 2003. Thus, women who turn 60, born in 1961, They can regularize up to 24 years of service between 1979 -when they turned 18- and 2003. And they

must have 6 years or more of social security contributions after 2003.

According to official reports, as of July 2022, when the moratorium for women expires, 96% of those who are 60 years old will not have the 30 years of contributions

and you will not be able to access a retirement and neither to the PUAM (65 years is required).

This x-ray is reflected in the benefits.

In March,

the average credit of the system was $ 31,618.

Those who retired with moratoriums, the vast majority, receive the minimum credit ($ 20,571 gross) and those of the PUAM, 80% of that value ($ 16,457).

Meanwhile, with 30 or more years of contributions,

retirement can reach 60/65% of the updated average salary of the last 10 years

in the case of workers in a dependency relationship.

Who collects the best pensions

With better retirements and pensions are workers with special regimes, such as

teachers, scientific researchers, Luz y Fuerza

, with average salaries between $ 80,000 and $ 150,000.

Those special regimes - which have

about 200,000 beneficiaries

- retire with 82% of the salary of the last position, such as university professors, 85% scientific researchers and 70%, such as Luz y Fuerza.

In return, during active life, workers

contribute 2 more points

(13%) instead of 11% of the general scheme.

For this reason, the retirees of these schemes have

much higher average salaries

even than those who retired without a moratorium on the general scheme.

Then these assets

are readjusted every 6 months

, according to the variation of the wages of the assets, according to indices prepared by the Secretary of Social Security.

Those of the general regime are updated

every 3 months

, according to the new formula.

As long as those who do not have contributions due to having been inactive or working in the informal sector or have 10, 20 or 25 years of contributions,

both men and women at age 65

, by law 26,970 approved in June 2016 can access the PUAM (Universal Pension for the Elderly) which is equivalent to

80% of the minimum retirement

for everyone equally because they do not

take into account the years of contributions

they have registered.

And also if they show that they are in "social vulnerability" based on a socio-patrimonial evaluation of the family.

The PUAM does not give the right to a



for the death of the spouse.


Look also

65% of those who retired last year could not meet the 30 years of mandatory contributions

Retirement fund: what insurance should be paid per month to have an "extra retirement"

Source: clarin

All business articles on 2021-05-09

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