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30 Salaries and social security taxes payable
 12 Months Ended
Dec. 31, 2020
Salaries And Social Security Taxes Payable  
Salaries and social security taxes payable
Note 30 | Salaries and social security taxes payable

 

  a. Salaries and social security taxes payable

 

     12.31.20     12.31.19 
Non-current        
Early retirements payable    24    54
Seniority-based bonus    279    273
Total non-current    303    327
         
Current        
Salaries payable and provisions    3,376    2,866
Social security payable    332    374
Early retirements payable    26    38
Total current    3,734    3,278

 

The value of the Company’s salaries and social security taxes payable approximates their fair value.

 

  b. Salaries and social security taxes charged to profit or loss

 

    12.31.20   12.31.19   12.31.18
Salaries    8,147    8,574    9,077
Social security taxes    3,168    3,335    3,530
Total salaries and social security taxes    11,315    11,909    12,607

 

Early retirements payable correspond to individual optional agreements. After employees reach a specific age, the Company may offer them this option. The related accrued liability represents future payment obligations, which, as of December 31, 2020 and 2019, amount to $ 26.1 million and $ 38.3 million (current) and $ 27 million and $ 53.8 million (non-current), respectively.

 

The seniority-based bonus included in collective bargaining agreements in effect consists of a bonus to be granted to personnel with a certain amount of years of service. As of December 31, 2020 and 2019, the related liabilities amount to $ 279.1 million and $ 273.7 million, respectively.

 

As of December 31, 2020 and 2019, the number of employees amounts to 4,776 and 4,777, respectively.