The act, one of the first of its kind in Latin America, provided retirement and disability benefits to government employees and created the Civil Retirement and Pension Fund, enrollment in which was voluntary. The first official social security system in Argentina was established by Law 4.349, signed by President Julio Roca in 1904. Mutual aid societies that provided disability and pension benefits to members were established throughout the nineteenth century by guilds, as well as by immigrant associations these latter included Unione e Benevolenza and the AsociaciГіn EspaГ±ola de Socorros Mutuos. These benefits would later be extended to veterans of the Argentine War of Independence and later conflicts. Social security was first implemented in what today is Argentina in 1785, when the Viceroy of RГo de la Plata, NicolГЎs del Campo, enacted bereavement benefits for widows and orphans of Navy personnel. The ANSES issues a CГіdigo Гљnico de IdentificaciГіn Laboral (Labor Identification Code) to all registered workers covered under the Public Pension System (SIJP). The agency maintains a stabilization fund, the Sustainability Guarantee Fund (FGS), which held approximately us$46 billion in a variety of financial instruments as of December 2011, of which 58% was held in government securities, 14% in productive investment, 12% in time deposits, and 9% in the Buenos Aires Stock Exchange. Expenses include social security payments (63%), transfers to provincial and other pension funds (20%), family assistance (12%), and the netbook program (2%) administrative expenses were around 2%. The ANSES is funded by an 11% withholding tax rate and payroll taxes (56%), as well as by a share of value added and other tax receipts (22%), contributions from the national budget (17%), and interest receipts (4%). Other recent programs include Conectar Igualdad, which envisaged the purchase of 3 million netbooks for secondary school students and teachers and, a subsidized mortgage initiative for moderate income borrowers largely shut out of the nation's tight credit market. The program was budgeted at around us$2.5 billion for 2011 (6% of the total). The benefit, 340 pesos (us$70) a month per child, is assigned to 3.6 million children under age 18 (30% of the nation's total), and includes the deposit of 20% of the check in a savings account accessible only upon certification of the child's vaccination and enrollment in school. The most important poverty relief program administered by the ANSES is the AsignaciГіn Universal por Hijo (Universal Childhood Entitlement). Argentines in the labor force earning less than 5,200 pesos (us$350) monthly, are entitled to benefits upon marriage pregnancy, birth, or adoption of a child for maternity leave or prenatal care and for a disability in a child or spouse, as well as to a modest unemployment insurance benefit for up to 6 months. Around 95% of Argentine senior citizens (5.7 million) receive ANSES pensions, whose amount is adjusted semi-annually. It does not store any personal data.The majority of Argentina's public social programs, aside from those related to health and housing, are administered by ANSES. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies.

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