Saturday, 31 October 2020

It’s Aguinaldo Time!

It’s the beginning December and that means only one thing for most Costa Ricans: it’s ‘aguinaldo’ time.

The Bulevar in downtown San José.. Archived photo courtesy of

On Monday the Central Government paid out ¢155 billion colones to its some 183.000 public sector employees, most of who in turn have been busy at the malls and major retail chains like Walmart, spending and spending away.

- Advertisement -

All saalaried public and private sector employees are entitled to the year end annual bonus, which for simplicity sake equals to the average of one month’s salary earned between November 1 the previous year and November 30 of the current. Employees who have been on the job for less that a full year are paid a prorated amount.

Although the central government (does not include autonomous state agencies like ICE, AyA, the Banco de Costa Rica and the Banco Nacional) – is usually the first to pay the aguinaldo to its employees, by law the aguinaldo must be paid by December 20 after which an employer faces sanctions.

For some the aguinaldo is a way of saving, keeping it on deposit for a rainy day. But, from what we saw at Walmart during its “the lowest price day of the year” event, many were out spending their aguinaldo even before it was paid.

- Advertisement -
"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

One-year-old boy with COVID-19 has been in ICU for more than a month

QCOSTARICA - A one-year-old boy with the new coronavirus, has been...

New eruption of Rincón de la Vieja rose 2 kilometers above the crater

QCOSTARICA - The Rincón de la Vieja volcano, in north-western Costa...


Distrust of sectors complicate signing an agreement with the IMF this year

QCOSTARICA - Reaching a structural adjustment agreement with the International Monetary Fund (IMF) this year seems like an impossible mission for President Carlos Alvarado,...

One-year-old boy with COVID-19 has been in ICU for more than a month

QCOSTARICA - A one-year-old boy with the new coronavirus, has been in the Intensive Care Unit (ICU) of the Hospital Nacional de Niños (HNN)...

Over 77% of Chileans Approve Rewriting Constitution

Q24N - More than 77% of Chileans are in favor of redrafting the country’s constitution, partial voting results from the national referendum show. With 5.23%...

Costa Rican appeals to Constitutional Court because Facebook blocked his account

QCOSTARICA - A Costa Rican man took his Facebook block to the Constiutional Court or Sala VI, claiming that the social network had prohibited...

COVID-19 in Costa Rica: 1,231 new cases for Oct 28, hospitalizations keeps dropping

QCOSTARICA - After a few days of new cases daily under 1000, on Wednesday, October 28, the Ministry of Health reported 1,321 new cases. Costa...

Costa Rica gets set to receive all tourists as of November 1

QCOSTARICA -  With two days before Costa Rica opens its borders to tourists from all over the world, on November 1, the Minister of...

Let's Keep This Going!

To be updated with all the latest news and information about Costa Rica and Latin America.

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.