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_1. A current state _
In spite of the fact that number of the pensioners receiving pensions, given on
To new system, it is still insignificant, and besides old-age pensions make
Very small percent from total number of pensions, for the situation analysis
It is expedient to compare the average sizes of the pensions paid in the present
Time. Last data which has entered our order, concerns 1989
Also are presented in table 2.16.
Provision of pensions
Type of pension Number of pensioners Average size of pension (in peso)
On an old age:
- The life annuity 7.496 43.379
- The programmed removal from bill 12.456 20.099
On physical inability 14.388 50.249
To widows 13.512 14.783
To orphans 20.547 4.473
It is necessary to notice that the small part of paid pensions (71 %) is necessary on
Disability pensions or pensions at loss of the supporter. The persons who have addressed for
The disability pension, receive it at a rate of not less than 70 % of an average
The taxable income received by them for last twelve months with
Corresponding indexation. As to pensions at loss of the supporter (to widows
And to orphans), the law provides their sizes corresponding to parts of the income,
Covered with the insurance. Decree-law article 78 it 3.500 (1980). Basically
50 % for the survived spouse and 15 % on each child are established.
Besides, the established procedure of payments of the insured (base) income
Has automatically led to that pensions of this kind considerably surpass
Average levels of pensions on old system. [By the law it 18.646 (1987) have been brought
Amendments in connection with some ambiguities concerning the given point also it is changed
Procedure of payments of the base income. By new rules size of the taxable
The income it is defined as average over the last ten years. The same law on
The persons who do not have jobs within year after the labour contract, were
Insurance payments on physical inability are extended and at loss of the supporter in
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