Bill 163 introduces reforms to the Social Security Fund and the IVM program, establishing the Retirement Age at 57 years for women and 62 years for men. Additionally, it includes conducting an actuarial assessment by a recognized national or international company, as detailed in articles 156-B and 156-C.
Among these reforms, the privatization of funds is eliminated, measures to improve the management of the institution are implemented, and emphasis is placed on using technological systems to facilitate access to information for users. Furthermore, criteria for evaluating the quality of service are established.
Highlighted provisions of the reform project include the coordination and integration of universal coverage, seeking to improve health services. A gradual increase in contributions from employers is also planned, and the largest annual contribution from the State is established in article 101.
Regarding the internal management of the institution, clauses are included that allow for the dismissal of the General Director for acts of corruption or lack of accountability. A minimum replacement rate for retirees with better pensions is established, and an insured observatory is created to ensure dignified health care.
Another relevant aspect of the project is the unification of IVM funds, respecting the contributions of the insured, as provided in article 149-A. Recommended articles for reading include those that address transparency, accountability, and conflicts of interest.
Finally, flexibility for the inclusion of independent workers is mentioned, as well as annual indexing to evaluate the increase in pensions, as established in article 192.
