The United Finance and Labor Commissions of the Senate sent the presidential message to the room that seeks to establish a unique and extraordinary retirement system for pension funds.
The United Finance and Labor Commissions of the Senate They sent the presidential message to the room that seeks to establish a unique and extraordinary retirement system for pension funds, Executive project as a response to the second withdrawal of 10% approved by the Chamber of Deputies and which will be discussed tomorrow in the Upper House.
In substance, after the discussion in the committees, the maximum withdrawal amount was increased from 100 to 150 UF, such as the project from the Lower House, as well as access to retirement for current pensioners.
Similarly, the withdrawal deadline was shortened, leaving it in two installments. The first must be delivered after 15 business days from the request by the contributor, and the second, 15 business days later.
However, and thanks to the vote of the opposition senators present in the commission, the so-called “self-loan” was rejected, with which a voluntary repayment of the funds had to be made after withdrawal, under conditions determined by the Superintendency of Pensions. Although Senator RN Francisco Chahuan entered an indication for a voluntary reinstatement, this was rejected by the Government and the reinstatement was without effect.
Likewise, the universality of the withdrawal of funds was determined, after the rejection by the commissions that people who receive remuneration equal to or greater than 100 UF, were prevented from withdrawing their funds. The Executive’s proposal that fund managers be obliged to submit a report on the impact that retirement would have on their pensions was also rejected.