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International Wealth Solutions

LATAM Retirement Legislative Updates

Below you will find recent legislative developments from across the LATAM region, with a focus on retirement.

Country Date header Topic Headline Expected Impact Read More
Argentina June 2024 Governance Income Threshold Medium https://aon.io/3KDD1HP
  May 2024 Taxation / Social security change Monthly salary thresholds for calculating social security contributions Medium https://aon.io/44o3J05
  April 2024 Social security change New salaries for calculating contributions Medium https://aon.io/3Qhpbhr
  December 2023 Social security change Employees' social security contributions salary thresholds Medium https://aon.io/46RsHVf
  October 2023 Pension plan benefits Pension measures expanded Medium https://aon.io/3QbG5P6
           
Aruba April 2024 Healthcare Premium rate reduction Medium https://aon.io/3UdH2qI
           
Bolivia May 2024 Retirement age Bill No. 035/2023-2024 to Increase the Solidarity Limits of the Solidarity Old-Age Pension Medium https://aon.io/4dHTSqp
           
Brazil May 2024 Taxation / Social security change Law No. 14,803 of January 10, 2024 High https://aon.io/4aMMHex
  May 2024 Pension plan benefits Resolution National Complementary Pension Council (CNPC) 60/24, of February 7, 2024 High https://aon.io/44tmIX9
  January 2024 Taxation / Social security change Extension of the tax break Medium https://aon.io/47FEdUf
  October 2023 Social security change Incentives for hiring Medium https://aon.io/45hQJbj
  September 2023 Taxation / Social security change Extension of payroll tax measure Medium https://aon.io/464kWMk
           
Chile May 2024 State pension reform Pension reform Medium https://aon.io/3UZbZPN
  March 2024 State pension reform Pension reform Medium https://aon.io/48Vlh4i
  March 2024 State pension reform Pension reform measures Medium https://aon.io/48Vlh4i
           
Costa Rica December 2023 Social security change Changes to Disability, Old Age and Death Regime (IVM) Medium https://aon.io/3RlWu2y
           
Colombia October 2023 State pension reform Pension reform proposals Medium https://aon.io/3s4hGSg
  August 2023 Governance Pension and unemployment aid funds guaranteed returns Medium https://aon.io/3QxQgy6
           
Dominican Republic March 2024 Social security change Minimum wage and contribution caps Medium https://aon.io/3VidMkP
           
Mexico June 2024 Pension plan benefits Welfare Pension Fund High https://aon.io/3xamzf6
  December 2023 Social security change Independent workers given access to social security Medium https://aon.io/3Rsi4mk
           
Uruguay August 2023 Taxation / Social security change Accountability Bill Medium https://bit.ly/3ODK5XQ
  August 2023 State pension reform Retirement reform High https://aon.io/3Yuatqb
           
Venezuela June 2024 Taxation / Social security change Bill for the Protection of Social Security Pensions High https://aon.io/4e8zq1P

 

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