Effects of Force Majeure or Fortuitous Event on Individual Employment Contracts
Article 169 of the Labour Code, in listing lawful grounds for ending an individual employment contract, includes the sixth item:
Employer-Sponsored Retirement
Employer-Sponsored Retirement is the right of a worker to receive a monthly pension from their former employer for the rest of their life, plus an additional year of payment to their heirs, if any.
This right is established when an employee has worked for the same employer, continuously or intermittently, for twenty-five (25) years or more.
Regulation to the Arbitration and Mediation Law
Through Executive Decree 165, published in the Official Registry on August 26, 2021, the
“Regulation to the Arbitration and Mediation Law” was issued, further developing several provisions of the Arbitration and Mediation Law.
Workplace Harassment
The Organic Law of Public Service and the Labour Code have incorporated a new and important concept into labour legislation, one that must be taken into account by both private companies and public institutions. Following Article 46 of the Labour Code and Article 24 of the Organic Law of Public Service, an unnumbered article was […]
Unified Basic Salary 2024
Through Ministerial Agreement No. MDT-2023-175, issued on December 15, 2023, the Ministry of Labour set the Unified Basic Salary (SBU) for 2024 at USD 460, effective January 1, 2024. The Ministry explains that the 2.23% increase is directly proportional to the inflation projected for 2024 by the Ministry of Economy and Finance. It is […]