CRYSOL highlights that Law 20,130, approved last year, “was an enormous setback for the country and its people,” since it increased the retirement age to 65 years, reduced the replacement rate by 10% and extended the retirement regime. AFAP to all taxpayers. The organization emphasizes that AFAPs are “an expensive and inefficient system” that only benefits the financial sectors, considering them “a big business for themselves and the financial system.”
Furthermore, the statement criticizes that the law was promoted by Rodolfo Saldain, who is accused of having promoted “the failed replaced law” in the 1990s. According to CRYSOL, the social security reform introduced then and updated last year is “a confiscatory readjustment at the service of the always powerful”, which forces people to “work more to earn less”, and encourages “the profit of the sectors “private.”
The association also reaffirms its unity as a collective by expressing that, “with unanimous support in the Board of Directors and surely in the social mass,” they support the proposal that will allow Uruguayans to retire at age 60, with 30 years of service and without pensions are less than the National Minimum Wage. This key point of the constitutional reform is one of the pillars that have led CRYSOL to actively accompany the social sectors that promote the “Yes”.
The statement concludes by reiterating its historical opposition to the “advances of the private sectors to the detriment of workers and popular sectors”, and reaffirms its commitment to march alongside the organized union movement, the FEUU, Fucvam and other popular organizations that defend the proposal of reform.
The plebiscite promoted by the labor union, which would eliminate the AFAP and reverse several of the changes introduced by Law 20,130, will be one of the key votes in the national elections.
