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April 26, 2023
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The Senate will give the seal of approval to the pension reform

The Senate will give the seal of approval to the pension reform

With the reform, the retirement age for future generations is raised to 65 years of age; and 63 for those who have 38 years of contribution. But those who become unemployed and return to activity must automatically retire at age 65.

The pension reform will increase the retirement age and the lifetime widow’s pension by up to 15 years, which will affect more than one million current workers. The majority of the population will charge less. Instead of facilitating access to retirement or pension, this reform creates obstacles that mainly harm women and the most vulnerable people. Once the reform is approved, the rights to widow’s and survivor’s pensions and disability retirements will be immediately reduced.

Among the groups affected are the 790,000 people who are currently working and who will have to retire after the age of 65, the 380,000 people who are working today and who are already 50 years of age or older and who meet the requirements under current regulations to retire, and the 170,000 people who are currently active and who are between 45 and 49 years old, since they will also increase the retirement age. In addition, those who enter a job six months after the reform has been approved or who change cashiers will retire entirely due to the new requirements.

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