Overview
- The Casa Rosada event today precedes the bill’s referral to the Senate, with Manuel Adorni, Federico Sturzenegger and members of the Consejo de Mayo slated to participate.
- The plan establishes Fondos de Asistencia Laboral funded by an employer contribution equal to 3% of payroll deducted from SIPA, paired with a three‑point reduction in the SIPA rate for firms that comply with payments.
- Regulatory groundwork is in place as the CNV and the insurance supervisor approved rules enabling commercialization and inembargability, while oversight is assigned to ARCA, CNV, ANSES and the Human Capital Ministry with sanctions for misuse.
- The draft also contemplates individual severance accounts and allows collective agreements to substitute statutory indemnities with fund-based regimes, a design that could limit individual worker choice under article 51.
- Fiscal estimates cited in the coverage project an annual loss to the pension system of roughly USD 2.6–4.7 billion from the 3% diversion, alongside additional permanent cuts to employer contributions, including a one‑point reduction to health insurance and sector‑differentiated social‑security relief.