He Seventh Retreat It is one of the most anticipated projects by Chileans, and its possible implementation has generated great expectations in the country. The issue has once again become a protagonist because in June 2024 the “political ban” that prevented the discussion of new projects to withdraw funds from the AFP ended. This change has opened the door for legislators to put back on the agenda an issue of vital importance for many citizens.
The discussion in Congress will revolve around five Projects presented to allow a Seventh Withdrawal from the AFPs. These proposals contemplate different withdrawal percentages, from 10% to 50%, and even the option of a self-loan. The variety of proposals seeks to meet various needs and offer members the possibility of accessing their funds in times of economic urgency.
Although the enthusiasm is palpable, there are still several steps to be taken for the approval of the projectAccording to information published on cámara.cl, the discussion of the bills will begin in the Chamber of Deputies on Tuesday, July 23. This will be the first step in a process that involves several legislative stages, including debates, votes and possible modifications to the initial proposals.
One of the key aspects of this discussion will be the way of processing the ProjectsThe House of Representatives’ Constitutional Committee will decide whether the bills will be dealt with separately or whether they will be consolidated into a single proposal, as has happened on previous occasions.
Unification could facilitate the legislative process by consolidating the different ideas into a single initiative that has greater parliamentary support, potentially advancing the initiative. Seventh Retreat until approved.
