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Pensioners by descent grew the most last year

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A survivor's pension is a pension received by the parents of the deceased.  DEMs

A survivor’s pension is a pension received by the parents of the deceased. DEMs

Pensioners by descent increased by 12% between September 2021 and the same period in 2022, according to the Financial System Supervision (SSF). This is the group within pension schemes that recorded the most significant growth last year.

Data show that pensioners by descent increased from 8,942 in the third quarter of 2021 to 10,011 over the same period in 2022, representing an increase of 1,069.

The SSF notes that descent beneficiaries are those who enjoy a “special” type of survivor’s pension, a permanent reward given to the pensioner’s parents for deceased professional risk. doing.

The “Technical Regulations on the Granting of Living Benefits in Public Pension Plans”, which came into force on December 30 last year and was issued by the Central Reserve Bank (BCR), ensure that a survivor’s pension is provided to parents as long as it is provided to them. indicates that We are financially dependent on our members. Parents with disabilities during the life of the deceased are also eligible.

It may be motivated by the consequences of the pandemic, just at a time when the increase is significant.

Patricio Pineda, Spokesperson for the Working Group for Dignified Pensions

why did it increase?

Patricio Pineda, spokesperson for the Working Group for Dignified Pensions, noted that the increase could be largely a result of the covid-19 pandemic, with high rates of violence and a range of professional I pointed out that it could be due to risk or disease. .

Pineda stressed that while the recently approved Pension Plan Comprehensive Law does not make any major changes to descent beneficiaries, it “clarifies that the calculation of descent survivors’ pensions will not fall below the minimum pension.” bottom. to $304.17.

Article 112 of this law stipulates that if there is a spouse and children, the family pension to each of the deceased’s parents is 20%, and 30% if only one is alive.

However, if there is no first relative, each parent receives 40%, or 80% if only one is alive.

According to the latest report from the SSF, the average retirement savings plan (SAP) and public pension plan (SPP) pension by pedigree will be $174.94 in September 2022, down $0.33 from $175.27 over the same period. . Month of 2021.

Pension increase from September 2021 to September 2022

Pension increase from September 2021 to September 2022

Increase all

In one year, the entire pension system increased the number of pensioners.

In September 2021, the country registered 188,827 pensioners with both SAP and SPP, but this figure increased to 197,468 over the same period in 2022, an increase of 8,641 (4.6%).

Disability pensions increased second, from 3,109 to 3,430 between September 2021 and 2022, an increase of 10.3%.

  • How to access pension by descent?
  • Economic dependence: If the contributor’s parents are financially dependent on the deceased person, they will be able to access it.
  • Failure state: If the parent has a disability before the donor’s death.
  • Data update: Deceased data must be updated prior to ISSS and ISP.
  • For the private sector: data of the deceased must be updated before the pension fund manager.

Source: Diario.Elmundo

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