law of December 21, 1948
WITHDRAW VOLUNTARIO.Â€ " Reglamentntase your payment, from the date of service contract.
ENRIQUE HERTZOG G.
CONSTITUTIONAL PRESIDENT OF THE REPAsBLICA
For how much: the National Congress has sanctioned the following Law:
THE NATIONAL CONGRESS
ArtA-arse 1A ° â€ " Voluntary withdrawal compensation will be covered by the employers ' entities counting the work of employees and workers since the date of their In the following way:
25% of wages and salaries for services provided from the date of the contract until 24 May 1939;
100% of wages or salaries for services provided to from 24 May 1939.
ArtA-ass 2A ° â€ " The last paragraph of Article 13 of the General Labour Law is amended as follows:
" If the employee or worker has more than 8 years of service, the indicated compensation even if voluntarily withdrawn ".
ArtA-arse 3A ° â€" Workers covered by the Retirement Boxes, in case of voluntary retirement, will have the right to collect their contributions. Companies will proceed in the same way.
ArtA-ass 4A ° â€ " In companies with pulperA-to cheap, it will be considered the" loss of pulperA-a " as part of the salary or salary for the payment of eviction or compensation services and professional risk.
ArtA-ass 5A ° â€ " The resources that the business owners will make to form this social fund will not be computed in the profits subject to capital income tax and the compensation received in cases of forced or voluntary retirement
ArtA-ass 6A ° â€ " The indemnities provided for by this law are inembargable.
ArtA-ass 7A ° â€" are included in this law.
ArtA-ass 8A ° â€ " Power Executive will regulate this law.
ArtA-ass 9A ° â€ All provisions contrary to this law are hereby repealed.
Communal-be to the Executive Branch for constitutional purposes.
Session of the H. Congress National.
La Paz, December 15, 1948.
M. Urriolagoitia.â€ " P. Guilláln.â € "C. LAónfish Arce, S. S. â€" A. Sarti, S. S. â€ "A. Camacho PAónrcel, D. S. â€" D. ImaA ± a Monterrey, D. S.
Therefore, it was enacted so that it is held and complied with as Law of the Republic.
Government Palace, in the city of La Paz, a The twenty-first of the month of December of a thousand nine hundred and forty-eight years.
E. HERTZOG.â € " Julio TA©llez Reyes.