What occurs if I’ve by no means contributed?

Introduction

After we speak about contributing, we’re referring to the contribution made to the social safety system in a rustic. This contribution is crucial to ensure entry to advantages resembling pension, well being and safety in case of labor accidents. Nevertheless, many individuals have by no means contributed of their working lives and marvel what occurs in these instances. On this article, we are going to method this query from completely different factors of view, so that you’ve a clearer thought of ​​what you may anticipate when you’ve got by no means quoted.

What occurs if I’ve by no means contributed?

In case you have by no means contributed, it’s seemingly that you’re not entitled to lots of the advantages supplied by the social safety system. Within the case of the pension, for instance, the contribution made to the system is crucial to ensure an earnings when reaching retirement age. In case you have not contributed, you’ll not have entry to this profit. Nevertheless, there are some exceptions which are value figuring out about.

I’ve by no means contributed, am I entitled to a pension?

In some nations, resembling Colombia, there are particular packages for these individuals who have by no means contributed and who don’t have the required sources to safe a pension. For instance, in Colombia there’s the Periodic Financial Advantages (BEPS) program, which permits individuals who have by no means contributed to make voluntary contributions to the social safety system and thus guarantee a minimal pension.

I’ve by no means contributed, do I’ve the fitting to a pension in Colombia?

In Colombia, as we talked about beforehand, there’s the BEPS program, which permits individuals who have by no means contributed to make voluntary contributions to the social safety system and thus guarantee a minimal pension. To entry this program, you should be over 50 years previous and have by no means contributed or have contributed for lower than 1 12 months. As well as, it’s required to have a month-to-month earnings lower than the minimal wage.

I can gather a pension with 7 years of contributions

In some nations, resembling Spain, it’s doable to entry a pension with solely 7 years of contributions. It’s because the Spanish social safety system takes under consideration not solely the time contributed, but in addition different elements resembling age, kind of labor and private circumstances. Nevertheless, it is very important remember the fact that the pension you’ll obtain will probably be proportional to the time you may have contributed, so it might not be very excessive.

What pension do I’ve left if I’ve by no means contributed?

As we now have already talked about, when you’ve got by no means contributed, it’s tough to have entry to a pension. In some instances, resembling in Colombia, there are particular packages that enable voluntary contributions to be made to the social safety system and thus guarantee a minimal pension. Nevertheless, basically, you can’t anticipate to obtain a really excessive pension when you’ve got not contributed sufficient. Due to this fact, it is very important begin contributing as quickly as doable to ensure a secure earnings at retirement age.

Conclusion

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