Ministry of finance (17.07.2020) Starting this July, the National Treasury of the Ministry of Finance will apply to pensions higher than ¢ 2,296,000 corresponding to the National Pension Directorate, Pension Board of the National Teaching Staff and the Ex-Presidents Regime, the deduction for special solidarity and redistributive contribution, established by Law No. 9796 (“Law to Redesign and Redistribute the Resources of the Special Solidarity Contribution”).
- Deduction will be made to pensions higher than ¢ 2,296,000
- Special contribution rate varies from 25 per cent to 75 per cent depending on pension amount exceeding ¢ 2,296,000
- Includes pensioners from the National Pension Office, JUPEMA and the Ex-Presidents Regime
Starting this July, the National Treasury of the Ministry of Finance will apply to pensions higher than ¢ 2,296,000 corresponding to the National Pension Directorate, Pension Board of the National Teaching Staff and the Ex-Presidents Regime, the deduction for special solidarity and redistributive contribution, established by Law No. 9796 (“Law to Redesign and Redistribute the Resources of the Special Solidarity Contribution”).
"This deduction will be made automatically to 3,815 pensions whose payment is made from the national budget, which will generate savings to the Public Treasury of ¢ 900 million monthly, approximately, that is, a sum exceeding 10 billion colones a year that all taxpayers of public finances will be saving, "said Elian Villegas, Minister of Finance.
Law 9796 modified the maximum and exempt ceilings of special regime pensions on which this special solidarity contribution must be made, which previously applied to pensions greater than ¢ 4 million.
According to this regulation, the tranches and the contribution percentages that will be applied to the surpluses of each one are as follows: