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70% of those who retired in 2022 had to resort to moratoriums because they did not arrive with the contributions


High informality means that fewer and fewer are of retirement age but do not have 30 years of minimum contributions.

While the pension moratorium project approved by the Senate continues

without being dealt with

in the Chamber of Deputies, a Social Security report says that during 2022

 442,114 people retired or pensioned.

Of that total, 239,417 did so using the moratorium, 74,081 to the PUAM (Pension for the Elderly) and

only 128,616 “without moratorium”

because they had 30 or more years of contributions.

Due to the pandemic and the quarantine, in 2020 very few people retired (119,489).

Then, in 2021 it grew and in 2022 those who retired or retired exceeded the marks of 2017, 2018 and 2019, pre-pandemic.

Thus, due to periods of inactivity, unemployment and informality,

70% of the pension registrations

corresponded to people who were of retirement age but

did not meet the 30-year

minimum contribution.

Last year, the total system paid 6,884,185 benefits: with a moratorium they added 3,629,608 and without a moratorium 3,254,577.

And another 289,142 from the PUAM.


, more than half of the benefits of the system did not meet the 30 years of contributions

and had to resort to moratoriums.

75% of the total are women.

As of December 2022, those who retired due to moratorium received an average salary of $53,208,

less than half

of those who accessed the benefit without moratorium.

Those from PUAM, on average, received $40,928.

The prospects for the coming years are just as serious or even

more serious

because, according to the Social Security records, the vast majority of those who will be able to retire in the next 2 years will

not be able to do so without a moratorium.

According to reports from the Congressional Budget Office and ANSeS, without a moratorium in effect,

between 720,000 and 800,000 men and women would not be able to retire in 2023 and 2024

because even if they meet the age requirement (60 years for women and 65 years old for men) would not meet the 30 years of contributions.

According to the OPC, in the first year there would be “494,242 people, 78.3% of whom would be women.

For the second year, the registrations would be around 225,409 people”, a total of 719,651 people who accumulate many years without contributions

due to having worked in the informal

sector or being unemployed, and are in a situation of socioeconomic and patrimonial vulnerability.

Retirees: how is the new moratorium

The moratorium with a medium sanction from the Senate allows regularizing the missing periods up to December 2008 (inclusive) through the application of a modality of

payment in installments

that will be discounted directly from the retirement benefits obtained.

The number of installments may be up to 120, according to the conditions established by the regulations.

The installments to be disbursed for the months to be regularized will be calculated according to the so-called "Pension Debt Payment Unit", whose value will be equivalent to 29% of the minimum taxable base of remuneration in force on the date of the request for the pension benefit. .

Currently, 29% equals $4,896.

You can pay, for example, one or more units per month, according to the chosen plan.

But that quota that will be paid will

only "serve" to access retirement


It will not affect the credit, which will be calculated on the basis of the contributions actually paid without moratorium.

In other words,

whoever retires with the moratorium will have a "discount" from their retirement

because they will receive only the years contributed and will also have the discount of the quota on assets during the months or years that the moratorium lasts.

For example, for a worker in a dependency relationship with an updated average gross salary for the last 120 months of $180,000 (average taxable remuneration of the system), retirement and the fees that will be deducted for accessing the moratorium.

Thus, with 15 years of effective contributions and another 15 years for moratorium, prior to December 2008, he would retire with an initial salary of $63,430 (35.2% of gross salary) and $9,791 would be deducted in 90 installments or $ 7,344 in 120 installments.

During those 10 years,

the retirement in hand would be $56,086, equivalent to 31.1% of salary.


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Source: clarin

All business articles on 2023-02-01

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