09 May 2021 | For: Cubadebate
This May 7, the Ordinary Official Gazette No. 51 of 2021 published the legal norms inherent to the package of 15 measures that seeks to strengthen and transform the socialist state enterprise. The norms in question include two decree laws approved by the Council of State: No. 34 "Of the Cuban State Business System" and No. 36 "Amendment of Law 105 'Social Security Law', of December 27, 2008 ”. They also include Decree 39, "Amending Decree 283 Regulations of the‘ Social Security Law ’", which dated from April 6, 2009. Decree Law No. 34 ratifies the socialist state enterprise as the main subject of the national economy; with autonomy in its administration and management, while having the main strategic role in the production of goods and services. This Decree Law contains the 15 measures that make up the package of legal provisions announced by the Ministry of Economy and Planning since September 2020. These offer special attention to how to strengthen the socialist social enterprise. Likewise, they intend to guide the latter towards its necessary transformation, which should result in better conditions to guarantee that the system of state-owned companies makes the leap in production, as well as in the provision of services and in terms of quality within the economic life of the country. country. Among the facilities approved already in 2020, the following stand out: the more flexible distribution of retained earnings after taxes; as well as the generalization to the entire business system of the so-called pay for high performance, among others. Under the new regulations, Cubans who had already taken up retirement can be rehired again, even in the same position they held at the time of retirement, as long as it is in the interest of the company. Regarding pensions, the calculation of monthly payments has been modified for those who have more than 45 years of work and decide to rejoin for another five-year period. These and other measures help to unblock processes and provide the entities of the business system with tools capable of aligning them, to a greater extent, with the country's strategy to continue developing its economy.