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FAQ

What are the heirs’ shares of pensions?

Heirs are qualified to receive 75% of late family members pension, which must be distributed equally after adding the cost of living allowance.



What are the requirements for qualifying for pensions?

It is required that employee completes the minimum limits acceptable for retirement, as follows:

  • For male employees the minimum duration of service is 24 years and 6 months
  • For female employees the minimum duration of service is 19 years and 6 months
  • For military employees the minimum duration of service is 20 years

The employee or retiree may be summoned, under the following conditions:

  • For male employees who served for at least  19 years and 6 months
  • For female employees who served for at least 14  years and 6 months
  • Employees who are over 60 years of age are qualified for pensions, if they have completed 15 years or more of service.
  • Employees whose services are terminated due to illness are qualified for pensions if they have completed 10 years or more of service.


What services are unacceptable for retirement?
  • Duration of leave without pay.
  • Anything surpassing three years of secondment.
  • Services of employees under 17 years of age.


What services are acceptable for the purposes of retirement?
  • Length of classified service.
  • Two-thirds of the length of unclassified service.
  • Military service is calculated through a 4/5 ratio.
  • The entire duration of military service.


How to calculate pensions, as per the Civil Retirement Law?
  • Statement of the duration of employment accepted for retirement (in months)
  • Statement clarifying the value of the last paid basic salary

Pension is calculated using the following formula:   The number of months of service x (last basic salary x 125%) = Basic pension
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The value of any basic pension shall not exceed the total of the last basic salary plus 25%. Later, the cost of living allowance is added.
 



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