Paycheck

Every registered worker must perceive their salary upon delivery and signage of the Paycheck. This
is a formal and mandatory document where all the information regarding any given period salary
is noted.
Argentinian law gives freedom of design but it specify what items must include.
The LCT 20744 Art. N° 140 mentions the minimum items and notes that any paycheck must have,
and they are: (for the example case an old real Paycheck is used due to possible claims)

Employer information:
Full Name and/or "Razon Social" (name chosen for legal and administration purposes)
Company Address
CUIT

Worker Information
Full Name (first and Last)
Professional category
CUIL (C.U.I.L.)
Start Date
Job Category

Salary Information
 Basic and regular Salary Gross total (subject to deductions)
 Variable salary produced on the calculated period (Commissions, Bonus, Over Time, Rewards,
performance additional)
 Detail of other payed items not included on Salary (non deductibles items from Contributions,
employee and employer) IE: Special Items under labor agreements, Severance, meal tickets family
extras, etc.
 Employee Social Security deductions (17% total amount): Retirement, PAMI (INSSJP Instituto
Nacional de Servicios Sociales para Jubilados y Pensionados – Ley 19.032) and HMO.
 Deduction and Contribution to Union Labor according to the labor agreement. (Only to
unionized employees)
 Amount deducted from "Earnings"
 Other legal discounts to be determined
 NET SALARY expressed on numbers and in written.
Other Mandatory Items
As express by the Art. 12 del Decreto Ley Nro. 17.250/67 the employer must note on the paycheck
the date where the last deposit from employer contributions was made, with specifics from the
period that corresponds and to what bank was done.

Basic Salary: is the gross amount of money determined by Union agreement to that specific
category and activity. For non-unionized employees is the gross amount agreed between
Employee/Employer. It can't never be less that what the union labor scale has determined.

Tenure/Seniority: According to the specific labor union agreement. 130/75 (commerce) stablishes
a 1% from gross salary for every worked year.

Over time: "La Ley de Jornada de Trabajo Argentina Número 11.544" : over time is every
time worked passed the regular work day, the value of each is a 50% more on business days and
100% more on weekends (from 13:00 Saturday to 00:00 Monday) and holidays.

Additionals: this can be granted under different names such as "Productivity plus" or "for future
agreements" and they are separated from the gross basic salary.

Rewards: different types and variables. They are determined by the union agreement or by the
company in the form of bonus, in this last case they are not mandatory.

Discounts:

The worker also has discount made from his salary, they are the ones due to social security such as
hmo, retirement plans and also the worker could have days not worked discounted or to correct
an error made on payroll the past month/s.

Retirement: It´s stablished by law, and its 11% from the total gross salary, that's all the items
payed on the first column.

HMO: also mandatory and its 3% from the gross salary.

Union Contribution: Its mandatory if the employee is unionized. It varies from 2-3% from the total
gross salary, this goes directly to the union.

Ley 19032: It's a mandatory discount that goes to the INSSJP fund.

SAC: (Annual complementary salary) It's the 13th salary paid on June and December, 50% each
time. It sums the 50% of the best salary from each semester, and includes overtime.

Other Items: "Asignaciones": On some cases workers receive a payment from ANSES according to
any benefit they have related to maternity, children, scholarship, death of a relative, disability or
other special benefit determined by law. Usually this comes from the contribution companies
make to ANSES (5.56% from the total salary mass)

Maternity: Only payed to women, during the last month of pregnancy and for 90 days in total that
are actually paid by ANSES. The pregnant women needs to certify the pregnancy and the
birth later on with a medical certificate.

This column is not to be

deducted any item. It´s a
bargain chip between
companies and
unions/government.

In this case
this worker is
payed the
union
agreement
increase that
in the future
will be part of
the basic
salary. See
that from that
item also
Ptsm is to be
calculated
Retirement: Now its 11% and payed.
The total regular amount of
deductions. "Earnings" is not a
regular item so usually is not
present here and in this case this
worker made less than stipulated
for that deduction (retention). But 1733.52
this is where it will show if - 273.66
deducted + 198.14

1658,00