Law 20,744. Amendment. Sanctioned: December 10, 2014 Enacted in Fact: January 09, 2015
The Senate and Chamber of Deputies of the Argentine Nation, meeting in Congress, etc., are sanctioned by law:
ARTICLE 1-Amend Article 122 of the Work Contract Regime approved by Law 20.744, (t.o. 1976) and its amendments, which is worded as follows: ' Art. 122. The supplementary annual salary shall be paid in two (2) instalments: the first of them due on 30 June and the second due on 18 December each year. The amount to be paid in each semester will be settled on the calculation of fifty per cent (50%) of the highest monthly remuneration due for any concept within the two (2) semesters culminating in the months of June and December of each year. In order to determine the second instalment of the supplementary annual salary, the employer must estimate the salary corresponding to the month of December. If such an estimate does not coincide with the salary actually paid, the second instalment of the supplementary annual salary shall be recalculated. The difference, which will be between the fee payable and the fee paid on 18 December, will be paid in respect of the month of December. '
ARTICLE 2 °-Commune to the national executive branch.
GIVEN IN THE SESSION HALL OF THE ARGENTINE CONGRESS, IN BUENOS AIRES, AT THE TEN DAYS OF DECEMBER OF THE YEAR TWO THOUSAND FOURTEEN.
-REGISTERED UNDER NO 27,073-
JULIAN A. DOMINGUEZ. -JOHN H. ESTRADA. -Lucas Chedrese. -Juan C. Marino.
Date of publication: 20/01/2015