Law Of Universal Income Of Vejes (Income Dignity)

Original Language Title: LEY DE LA RENTA UNIVERSAL DE VEJES (RENTA DIGNIDAD)

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law no 378

2013 MAY 16 ACT

EVO MORALES AYMA

CONSTITUTIONAL PRESIDENT OF THE PLURINATIONAL STATE OF BOLIVIA

For the Plurinational Legislative Assembly, it has sanctioned The following Law:

THE PLURINATIONAL LEGISLATIVE ASSEMBLY,

D E C R E T A:

UNIVERSAL OLD AGE INCOME LAW

(DIGNITY INCOME)

ONLY CHAPTER

Article 1. (OBJECT). This Law is intended to modify the amount payable of the Universal Income of

Old Age (Income Dignity).

Article 2. (BENEFICIARIES OF UNIVERSAL OLD AGE INCOME).

Article

of Law No 3791 of 28 November 2007, Universal Income of Old Age (Income Dignity), with the following text:

? b) Bolivians and Bolivians who perceive a Long Term Social Security Income.?

Article 3. (AMOUNT OF UNIVERSAL INCOME FOR OLD AGE AND FUNERAL EXPENSES).

amends Article 5 of Law No 3791 of 28 November 2007, Universal Income of Old Age (Income Dignity), under the non-contributory Social Security regime, with the following text:

? Article 5. (AMOUNT OF UNIVERSAL INCOME FOR OLD AGE AND FUNERAL EXPENSES).

The amount of the Universal Income of Old Age (Income Dignity), for the beneficiaries referred to in Article 3 (a) of Law No 3791 of 28 November 2007, will reach an annual total of Bs.3,000.-(THREE thousand 00/100 BOLIVIANS).

For the beneficiaries mentioned in Article 3 (b) of this Law, the total annual amount will reach Bs.2,400.-(TWO THOUSAND FOUR HUNDRED 00/100 BOLIVIANS).

The modifications set out in the preceding Articles, by which the amount of the Income

Universal of Old Age (Income Dignity) to be paid monthly is increased to Bs.200.-(TWO-HUNDRED 00/100 BOLIVIANS) for those who receive an income, and Bs.250.-(TWO HUNDRED AND FIFTY 00/100 BOLIVIANS) for those who do not receive income, will enter into force on the first day of May of this year, not corresponding to retroactive payments for this concept.

The payment amount of the Funerals expenses is maintained Bs.1,800.-(ONE THOUSAND EIGHT HUNDRED 00/100

BOLIVIANS) determined in Article 57 of Law No. 065, of December 10, 2010, Pension Law.

Every three (3) years, the amount of the universal income of old age and that of the expenses funerals, may suffer

variations that will be determined by the Executive Body based on the technical-financial assessment of funding sources.

The Executive Body will determine by Supreme Decree, in a maximum term of sixty (60) days to

from the publication of the This Law, the regulations that correspond to comply with the provisions of this Law.?

Article 4.

Remitase to the Executive Body for constitutional purposes.

It is given in the Chamber of Justice.

Remitase to the Executive Body for constitutional purposes.

Sessions of the Plurinational Legislative Assembly, seven days of the month of May of the year

two thousand thirteen.

Fdo. Lilly Gabriela Montano Viana, Betty Asunta Tejada Soruco, Claudia Jimena Torres Chavez, Marcelina

Chavez Salazar, Marcelo Elio Chavez, Angel David Cortez Villegas.

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

Palace of Government of the city of La Paz, at the sixteen days of May of the year two thousand thirteen.

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