The differences between a regular pension and the universal pension:
Universal pension
- You have to be +65 years old ( men and women )
- You will earn 80% of the minimum pension
- You need 20 years of residency or 10 years after naturalization.
- You will get
PAMI
- You cannot be receiving a pension from another country.
- You can keep working until you can keep working until you have the amount of years of residency and / or contributions to get a regular pension.
Adjusted twice a year based on an official index
** Current
Regular pension
- Women can get it at 60 men at 65 years old.
- You will earn based on your past contributions
- You need 30 years of residency + 30 years of contributions ( less contributions are required if you subscribe to a moratorium and pay past years )
- You will get
PAMI
Current minimum pension is set at $5661. The median pension is $9300 and the maximum is $41500. They are all adjusted twice a year based on an official index. Data is from Sept 2016.
** Currently there is no moratorium so you might need to wait for a new one.