Tuesday 23 April 2024

Carlos Alvarado officially resigned his presidential pension

The President sent a letter to the National Pensions Directorate of the Ministry of Labor; who must now take the necessary measures to comply with the request

Paying the bills

Latest

Plastic bags are not going away (yet)

QCOSTARICA -- Different commercial and productive sectors in Costa...

Media outlets in Nicaragua not reporting news regarding Sheynnis Palacios

QCOSTARICA -- According to the Costa Rica based Fundación...

Can Microdose Mushrooms Boost Productivity? Find Out What Experts Are Saying

Microdosing involves taking a small, controlled amount—usually around 1/8...

“Respect for the division of powers” legislator tells President Chaves

QCOSTARICA - A call for respect for the division...

Carlos Alvarado: Populism is thriving in Costa Rica

QCOSTARICA -- On Wednesday, former president Carlos Alvarado (2018-2022),...

1960s Costa Rica

QCOSTARICA - The first indigenous peoples of Costa Rica...

Holidays left in 2024

QCOSTARICA -- Costa Rica just came off a long...

Dollar Exchange

¢497.44 BUY

¢503.70 SELL

20 April 2024 - At The Banks - Source: BCCR

Paying the bills

Share

QCOSTARICA – As promised, on Monday, President Carlos Alvarado Quesada officially resigned his pension as former president, through a letter sent to the National Director of Pensions of the Ministry of Labor, Priscilla Gutiérrez.

President Alvarado took office on May 8, 2018, then 38 years old. He will be 42 when he leaves office on May 8, 2022.

At the beginning of 2020, the president expressed his intention to renounce the presidential pension during a television interview with Telenoticias, however, with this letter the procedure becomes effective.

Since the pension is a labor right established by law, it is not legally possible to totally renounce this benefit, so from this announcement the Ministry of Labor must take the necessary measures to comply with Alvarado’s request.

- Advertisement -

The President can also donate the money if he wishes.

“As I have stated throughout my tenure as President, I maintain a high commitment to public finances; therefore, at the end of my term as Head of State, I will not take advantage of the pension that my condition as former President of the Republic will generate,” stated the president in his letter.

Currently, a total of ten people receive a former president’s pension, of which seven served in the position: Óscar Arias Sánchez (two terms), Rafael Ángel Calderón Fournier, José María Figueres Olsen, Miguel Ángel Rodríguez Echeverría, Abel Pacheco de la Espriella, Laura Chinchilla Miranda and Luis Guillermo Solís Rivera.

The other three people are two former first ladies and the daughter of a former president: Karen Olsen Beck, the widow of José Maria Figueres Ferrer and mother of fomer president and 2022 presidential candidate, Jose Maria Figueres Olsen; Marita Camacho Quirós, widow of Francisco Orlich Bolmarcich and María Ulate Rojas, daughter of Otilio Ulate Blanco.

Under the Ley de Pensiones para Expresidentes (Ex-Presidents Pensions Law), all living ex-presidents receive a pension, as well as personal security, usually police, and a secretary whose salary is paid by the state. Retired presidents receive a pension based on the monthly salary of the Legislative Assembly deputies, which was ¢4,000,714 in 2020, including representation expenses, and which will pass to their widow in the event of death.

When Alvarado ends his term, on May 9, 2022, he will be 42 years old.

- Advertisement -

 

- Advertisement -
Paying the bills
Rico
Ricohttp://www.theqmedia.com
"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

Carlos Alvarado: Populism is thriving in Costa Rica

QCOSTARICA -- On Wednesday, former president Carlos Alvarado (2018-2022), said he...

Panama’s ex-president holed up in Nicaragua Embassy to avoid being arrested

QCOSTARICA -- A Panamanian court ordered the preventive detention (arrest) of...

Subscribe to our stories

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

Discover more from Q COSTA RICA

Subscribe now to keep reading and get access to the full archive.

Continue reading