The Costa Rican Social Security Fund (CCSS) aims to improve payment agreements with employers and delinquent self-employed workers and to do so, some changes were implemented.
José Rojas López, acting director of the Collection Office of the CCSS, reported that the most significant changes include:
-The decrease in interest rates for agreements and payment arrangements, from 14.25% to 8.60%
-The increase in the terms for payment agreements from 3 to 4 years. The payment arrangement terms were extended from 6 to 7 years.
-Improvements in the conditions for the formalization of payment agreements with independent workers, specifically in the initial payment.
-To include the possibility of using trust contracts as guarantees.
According to Rojas, the decline in interest rates is due to a change in the calculation methodology.
The CCSS conducts some 9,800 payment agreements every year.
With these changes, the institution intends to help more employers and independent workers so they can pay their debts in order to recover the pending amounts that would benefit various health and pension programs administered by the institution.