Archive for November 16th, 2006

Finally! Government to Comply with Education Spending Mandate

Thursday, November 16th, 2006

By Katherine Stanley, Tico Times Staff
Ten years after the country’s Constitution was changed to require that at least 6% of the gross domestic product (GDP) be spent on education each year, the government finally plans to comply with the mandate in 2007.
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Government Proposes Social Security Payment for Foreigners

Thursday, November 16th, 2006

The government will present a bill asking foreigners residing legally and illegaly in the country to pay 9000 colones per month to the health care system. The payment will apply to 900,000 immigrants, 600,000 legal residents and 300,000 illegal or who are being processed. The payment would be made in the Immigration Offices (ouch!).
A fixed […]

280 billion colones to flow for Aguinaldos

Thursday, November 16th, 2006

The Finance Ministry calculates that the public and private sectors will pay a total of 280 billion colones in 2006. 58 billion will go to employees in the Legislature, Omsbudsman’s Office, the Judicial Branch, the Elections Tribunal and the Comptroller General’s Office.
Another 56 billion colones will go to employees of municipal governments, public institutions and […]

How to Calculate Aguinaldos (Year End Bonuses)

Thursday, November 16th, 2006

As employees eagerly await the end of year Christmas bonus due to all employees in Costa Rica, many are asking themselves how much they are owed.  Or maybe you are an employer who needs to pay someone?
Eugenio Solano, director of Labor Relations at the Ministry of Work and Social Security explained that every public and […]