Pensioner's Day in Argentina
Pensioner's Day in Argentina is held on September 20. This event in the second decade of the month September is annual. Help us
The Pensioner's Day was born at the beginning of the 20th century. It was on September 20, 1904, when Law 4.349, known as the first retirement law, was passed during the presidency of Julio Argentino Roca.
That law established a pension benefit for public employees of the national government and thus provided for the creation of the National Retirement and Pension Fund, which became the first instrument that granted an income to workers retired from their jobs due to old age.
As the years went by, the benefit was extended to other activities and unions such as aeronautics, banking, journalists, graphic workers, among others. In 1954, during the government of Juan Domingo Perón, the system was changed from an individual capitalization system to a pay-as-you-go system, which operated until 1994, when the Integrated Retirement and Pension System was created through a pension reform.
Under this system, private companies could manage the funds coming from workers' individual contributions. Finally, in 2008, during the government of Cristina Fernández de Kirchner, Law 26.425 was enacted, which gave way to the public and mandatory pension system that still operates today.
Similar holidays and events, festivals and interesting facts
Father's Day in Ukraine and Latvia on September 17 (celebrated on the third Sunday in September);
Rozhanitsy Day in Ukraine on September 21 (Celebrated for two days, September 8 and 21);
American Business Women's Day on September 22 (United States);
National Daughters Day in India on September 24 (is celebrated on the 4th Sunday of September every year);
International Safe Abortion Day on September 28 (The day was first celebrated as a day of action for decriminalization of abortion in Latin America and the Caribbean in 1990 by the Campaña 28 Septiembre);