Modification Of The Pension Act.

Original Language Title: MODIFICACIÓN DE LA LEY DE PENSIONES.

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law No. 430

LAW OF NOVEMBER 7, 2013

EVO MORALES AYMA

CONSTITUTIONAL PRESIDENT OF THE PLURINATIONAL STATE OF BOLIVIA

For the Plurinational Legislative Assembly, it has The following Act:

THE PLURINATIONAL LEGISLATIVE ASSEMBLY,

D E C R E T A:

AMENDMENT OF THE PENSION LAW

CHAPTER ONLY

Article 1. (OBJECT). This Law is intended to amend the minimum and maximum Solidarity Limits of

the Scale of the Old Age Solidarity Pension, as laid down in Articles 17 and 131 of Law No 065 of 10 December 2010, Law of Pensions.

Article 2. (MODIFY). 17 and 131 of Law No 065 of 10 December 2010,

Pensions Act, with the following wording:

? Article 17. (BENCHMARK PERCENTAGE).

density of Amounts in Years Minimum Solidarity Limit (Bs.) Maximum Solidarity Limit (Bs.)

10 560

11 608

12 656

13 704

14 752

15 800

16 830 972

17 860 1.144

18 890 1,316

19 920 1,488

20 950 1,660

21 1,000 1,786

22 1,050 1,912

23 1,100 2,038

24 1,150 2,164

25 1,200 2,290

26 1,220 2,372

27 1,240 2,454

28 1,260 2,536

29 1,280 2,618

30 1,300 2,700

31 1,320 2,800

32 1,340 2,900

33 1,360 3,000

34 1,380 3,100

35 or more 1,400 3,200

I. The Reference Percentage that corresponds to each Ensured according to its Amounts Density, is the following:

Density of Amounts in Years Referential

16 56%

17 57%

18 58%

19 59%

20 60%

21 61%

22 62%

23 63%

24 64%

25 65%

26 66%

27 67%

28 68%

29 69%

30 70%

31 70%

32 70%

33 70%

34 70%

35 or more 70%

. The Referred Percentage applies to the Solidarity Pay Reference.?

? Article 131. (SOLIDARITY LIMITS). The Solidarity Limits are the maximum reference amounts and

minimums used for determining the amount of the Old Age Solidarity Pension, which will be paid to the Sectors of the Metallurgical Mining Sector's productive area Based on its Amounts Density, detailed below:

Density of Amounts in Years Minimum Solidarity Limit (Bs.)

Solidarity Limit (Bs.)

10 560

11 608

12 656

13 704

14 752

15 800

16 830 1.204

17 860 1,608

18 890 2,012

19 920 2,416

20 950 2,820

21 1,000 2,914

22 1,050 3.008

23 1,100 3.102

24 1,150 3,196

25 1,200 3.290

26 1,220 3,432

27 1,240 3,574

28 1,260 3,716

29 1,280 3,858

30 1,300 4,000

31 1,320 4,000

32 1,340 4,000

33 1,360 4,000

34 1,380 4,000

35 or more 1,400 4,000

The Executive Body may update every five (5) years, the amounts corresponding to the Limits

Solidaries set forth in this Act.?

Article 3. (REACH). The amendments to this Law shall apply from their publication, both to the

new pension applications and to those in the course of acquisition. For those in-flight pensions, their application will be subject to the deadline and procedure to be determined by Regulation.

TRANSIENT DISPOSITION

ONLY. The Pension and Insurance Control and Control Authority must regulate this Law

by determining the time and procedure.

Remitase to the Executive Body for constitutional purposes.

It is given in the Chamber of Sessions of the Plurinational Legislative Assembly, at the twenty-two days of October of the year two thousand thirteen.

Fdo. Lilly Gabriela Montano Viana, Betty Asunta Tejada Soruco, Andrés Agustín Villca Daza, Marcelina

Chávez Salazar, Marcelo Elio Chávez, Galo Silvestre Bonifaz.

Therefore, it is enacted to have and comply with the Law of the State Plurinational of Bolivia.

Palace of Government of the city of La Paz, seven days of the month of November of the year two thousand thirteen.

FDO. EVO MORALES AYMA, Ramon Quintana Taborga, Luis Alberto Arce Catacora, Amanda Davila Torres.