Politics Country March 11, 2025

CSS Reform Advances in Panama

The new regulations regarding the CSS do not change the retirement age, keeping it at 57 years for women and 62 for men. The project moves to the third debate.


CSS Reform Advances in Panama

The bill aimed at reforming the Social Security Fund (CSS) in Panama was approved for its third debate without changing the retirement age. According to the new regulations, it would remain at 57 years for women and 62 years for men.

This reform intends to change the pension system in the country, seeking to ensure its sustainability in the long term. Key points of the proposal include adjustments in contributions and retirement ages.

According to statements from some legislators, it is essential to carry out these modifications to prevent the CSS from becoming financially overwhelmed in the future. The aim is to establish a balance that benefits both active workers and retirees.

"It is important that we make decisions today to ensure the well-being of pensioners in the future," pointed out one of the proponents of the reform. The expectation is that these measures will help ensure the viability and efficiency of the social security system in Panama.