According to the head of the largest private business association, Juan Arias, this type of action does not reinforce the need to put order in the Panamanian judicial system.

Arias pointed out that Agreement No. 407 “violates the principle of equality before the law” and adds to a system of special retirements that, according to the Minister of Economy and Finance, Felipe Chapman, represents “an unsustainable burden for the finances of the State”.

He also stressed that, although the justice system requires resources, these should be used to strengthen its capacities and to improve its efficiency, impartiality and service to the citizens, not to grant privileges to a reduced group.

The Agreement was agreed by the plenary of the Supreme Court of Justice in July 2024, but entered into force on January 1 of this year; however, it was published in the Official Gazette only this August 8.

The regulation clarifies that this benefit applies from the date on which a judge or magistrate meets the requirements for retirement, and that the institution will provide the necessary funds in its budget to cover this benefit.

jdt/jav/mem/ga