Those with multiple pensions would have to pay tax on the total, under a bill approved in the Treasury Commission. The proponent of this project is PLN deputy Yorleny León.
Authorities clarify that ROP and voluntary pensions are exempt. Basic pensions in the Disability, Old Age, and Death regimes will enter the calculations. Those granted from former employers will also count.
If the sum of the person’s pensions exceeds ₡840,000, they will end up paying more than they currently do. If a person has a pension of ₡2.5 million and another of ₡800,000, they currently don’t pay tax on the lower one because it’s under the limit. When they are combined, they’d have to pay tax on the total ₡3.3 million.
The plan will now go to the legislative plenary. If approved, it would collect an additional ₡9,582 million annually. Those who receive multiple pensions are 5% of the country’s retirees. About 100 get over ₡5 million a month and about 22 get four pensions.