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Sturzenegger Details Labor Bill, Confirms 3% Severance Fund and Coverage of Existing Contracts

The minister presented flexibility tools and litigation curbs ahead of a December 18 union march.

Overview

  • After the government sent the bill to the Senate, Federico Sturzenegger outlined the four pillars focused on formal jobs, higher wages, lower litigiosity and reduced labor tax costs.
  • The reform creates an employer-managed Fondo de Asistencia Laboral funded by a 3% reallocation from contributions that currently go to SIPA to finance severance and other contingencies.
  • The law would apply to current employment relationships, retaining one month per year as the severance base while excluding non‑monthly items and standardizing updates to reduce judicial uncertainty.
  • A voluntary bank of hours and vacation scheduling by mutual agreement are introduced, and overtime pay rules remain in place.
  • Collective bargaining changes include limiting ultraactividad, giving precedence to narrower or company agreements and facilitating company‑level unions, with digitalization via a new ARCA registry and a reported transfer of labor courts as the CGT prepares a December 18 protest.