This Tuesday assumed the new Board of Directors of the University Professionals Retirement and Pension Fund (Cjppu), that will have to face the economic crisis that the organism drags. It is estimated that the Cjppu it needs between US $ 104 million and US $ 184 million to cover its deficit. The new president of the Cjppu is Virginia Romero, advanced that for Addressing this situation will have no alternative but to raise the retirement age as well as to adjust the way of calculating the basic pension.
The Directory is completed with Daniel Rise (list 10), Blauco Rodriguez (list 35) and Ferdinand Rodriguez Sanguinetti (list 9) in the order of assets while for the Passives this Or of Abisab (lists 20, 30 and 40). For their part, Delegates of the Executive Power are Gerardo López Secchi and Luis González Ríos, who were ratified.
The new directive You will meet a Cjppu in critical situation since he cannot meet his monthly obligations and, if there are no changes, would arrive unreservedly to the year 2024. In that context, the previous directive, headed by Gonzalo deleon, presented a list of measures to face the crisis. One of those measures was to request a loan to State, which the government rejected. To cover its deficit, the The agency requires between US $ 104 million and US $ 184 million.
How the crisis will be faced
In the assumption of the new authorities of the Cjppu was present the Minister of Labor and Social Security, Pablo Mieres, who said at a press conference that the Executive Power will be “online and in dialogue“With the new directive for”find an alternative to overcome existing difficulties”In the body.
“What is clear is that the fund needs a short-term reform regardless of the general framework of the social security reform that will be discussed later. There is a specific situation in the case of the box that deserves faster attention“Acknowledged the hierarch.
For its part, the president-elect, Virginia Romero, said that he has to assume in a Cjppu “in a difficult situation” and that “has worsened in recent years“So it will be necessary, on the one hand,”determine a reform that ensures long-term sustainability”And, on the other, more immediate that of solve the short-term crisis.
Professionals Box
Virginia Romero, new president of the Caja de Profesionales
“We are going to take on this task from now on with a lot of work because Obviously, you have to work a lot to get the cash out, always looking for the sustainability of the social welfare system of all professionals“, Held.
When asked about the implications of the reform, Romero pointed out that it will be “undeniable an increase in age“Withdrawal as well as perform”different ways of calculating pension basics”.
“Expenses always have to be cut. You have to have good administration and good governance because obviously everything influences the budget”, He pointed. In turn, he said that he will have as a guide the recommendations made by the Committee of Experts on Social Security (CESS) for the reform of the Uruguayan pension system.
The president who was not
Romero held the presidency of the Professions Fund for being the first alternate of the holder Ariel Nicoliello on List 54. The Electoral Court did not allow the assumption of Nicoliello as the new president since it is impeded by the Article No. 16 of the Ley 17,738, which refers to the organic structure of the Cjppu and in which it is stated that “Whoever has been elected or appointed for two consecutive periods may not be elected for the immediately following period” plus, “In the case of alternates, this provision will apply when they hold office for more than 18 months in each period.”.
Nicoliello He was appointed by the Executive Branch in 2013 and remained in office until 2020, according to the minutes of the body to which it acceded The Observer. Nicoliello also appears as designated by the Executive during the periods 2013-2017 and 2017-2020 in the section Authorities from the Cjppu website.
