Monday 27 September 2021

An End To Excessive Perks For Government Employees Proposed

The proposal being discussed in the Legislative Assembly would limit bonuses and increase income tax on all incomes over ¢2.1 million colones

Paying the bills


Mexico reveals why it rejects tourists from Costa Rica

QCOSTARICA - Mexico has been one of the favorite...

Bianca, Mick Jagger’s first wife: “Nicaraguan by grace of God”

QCOSTARICA - Bianca Jagger, who was the first wife...

Train Yourself to Stay Calm Under Pressure

Do you know anyone who handles stress really well?...

Alunasa, a Venezuelan state company in Costa Rica, leaves employees without salary

QCOSTARICA - The Venezuela state-owned company operating in Costa...

In Venezuela there is food, but expensive

Q24N - The Venezuelan economy has begun to reactivate....

Today’s Vehicle Restriction September 27: Plates ending in “1 & 2” CANNOT circulate

QCOSTARICA - For today, Monday, September 27, vehicles with...

Government will buy one million more covid vaccines for children and third doses in 2022

QCOSTARICA - The President of Costa Rica, Carlos Alvarado,...
Paying the bills


The majority of legislators declared war on a series of salary bonuses (“pluses salariales” in Spanish) that public officials have received for years, incorporating motions to the fiscal reform that is currently being discussed in the Legislative Assembly.

PAC legislator Ottón Solís is one of the main drivers of the changes to end excessive perks of govermment employees and an increase in income tax on incomes over ¢2.1 million. Gerson Vargas / La Republica

The main changes would be to limit the annuities to 1.94% of the base salary, this benefit is received by public workers for each year worked, and in some cases it reaches up to 7%.

- Advertisement -

The ceiling in the annuity is being promoted by legislator Ottón Solís would not apply to public institutions that have collective agreements that fix a larger amount, such as Japdeva, RECOPE, and INS.

However, it would apply to central government officials, whether new or old.

Another approved motion is to charge a 20% income tax on salaries ranging between ¢2.1 million and ¢4.2 million, and one of 25% to those that exceed ¢4.2 million. Currently, those the rate for those salaries are 15%.

“The fiscal deficit (problem) is not resolved by hitting the working class. We cannot be the only ones sacrificed with these unjust government measures,” said Albino Vargas, secretary of the ANEP, one of the largest public workers unions in the country.

The mandate of the current Legislative Assembly ends on May 8, 2018.

Source (in Spanish): La Republica

- Advertisement -

- Advertisement -
Paying the bills
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

If your monthly income exceeds ¢683 thousand, you would have to pay income tax

QCOSTARICA - The potential development of the global income tax may...

Dollar drops ¢10 this week due to year-end seasonality

QCOSTARICA - The dollar exchange fell ¢10.38 this week as a...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.