Modification Of The Pension Act.

Original Language Title: MODIFICACIÓN DE LA LEY DE PENSIONES.

Read the untranslated law here: http://www.gacetaoficialdebolivia.gob.bo/index.php/normas/verGratis_gob2/143645

Law No. 430 law of November 7, 2013 EVO MORALES AYMA President constitutional of the PLURINATIONAL State of BOLIVIA, by how much, the plurinational Legislative Assembly, has sanctioned the following law: the Assembly Legislative PLURINATIONAL, D E C R E T A: modification of the law of pensions chapter only article 1. (OBJECT). This law aims to modify the limits solidarity minimum and maximum of the scale of the solidarity Pension for old age, laid down in articles 17 and 131 of the law N ° 065 December 10, 2010, pensions law.
Article 2. (MODIFICATION). Amending articles 17 and 131 of the law N ° 065 December 10, 2010, pensions law, with the following wording:? Article 17. (REFERENCE RATE).
Density of contributions in years solidarity minimum limit (Bs.) maximum solidarity (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 3,200 1,400 I. The reference percentage that corresponds to each insured depending on its density of contributions, is the following: density of contributions in years 16 reference percentage 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% II. The reference percentage applies to the solidarity wage referrer?.
? Article 131. (SOLIDARITY LIMITS). Solidarity limits are the maximum and minimum reference amounts used for the determination of the amount of solidarity-based old-age Pension, which shall be paid to members of the productive area of the metal mining Sector depending on its density of contributions, detailed below: density of contributions in years solidarity minimum limit (Bs.) maximum solidarity (Bs.) 10 560 11 608 12 656 13 704 14 752 15 800 16 830 1.204 17 860 1608 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 executive organ be updated every five (5) years the amounts corresponding to the solidarity limits established by the present law.?
Article 3. (SCOPE). Amendments to this law shall apply as of their publication, new pension requests as well as those in course of acquisition. For those pensions in course of payment, your application is subject to the term and procedure to be determined by regulation.
SOLE TRANSITIONAL PROVISION. The authority of control and Control of pension and insurance, must regulate this law determining the term and procedure.
Refer to the Executive Body for constitutional purposes.
Two thousand thirteen is given in the room of sessions the Assembly Legislative multinational, the twenty-second day of October in the year.
FDO. Lilly Gabriela MONTAÑO Viana, Betty Asunta Tejada Soruco, Andres Agustin Villca Daza, Marcelina Chavez Salazar, Marcelo Elio Chavez, Gallo Silvestre Bonifaz.
I therefore enacted it is and meets as a law of the plurinational State of Bolivia.
Government Palace of the city of La Paz, to the seven days of the month of November in the year two thousand thirteen.
FDO. EVO MORALES AYMA, Ramon Quintana Taborga, Luis Alberto Arce Catacora, Amanda Davila Torres.