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Home ATTUALITA

Working pensioners will not pay, they will be exempt from social security payments

by imkadmin
Qer 28, 2022
in ATTUALITA
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Working pensioners will not pay, they will be exempt from social security payments
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Self-employed retirees in the private sector will no longer pay for social security contributions.

The draft law with the proposal of Finance for the exclusion of payments for this category has been submitted for public consultation and aims to relieve them from the burden of contributions.

Currently pensioners who continue to work have the obligation to pay insurance, but this is not reflected in the pension they receive, as the time of self-employment is not recognized as insurance period.

According to the draft law, there are a total of 1,484 beneficiaries of the old age pension who are self-employed in the private sector, giving an annual contribution of 169.8 million ALL for insurance, money that goes to the social insurance fund.

But with the passage of this bill, this amount will be deducted from the income in the social insurance fund.

This was also one of the issues included in the National Counseling where 66% of citizens answered positively to the question of taking the initiative to exempt this category from the mandatory payment for social security.

According to the report of the draft law, the exemption from the payment of contributions of this category does not pose a problem in fiscal administration and the labor market, but only translates into a reduction in revenues for the social insurance fund.

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