The former mayor of Canelones highlighted to the press that “the FA program establishes the possibility of individual savings” as “one of the three pillars” of the system. Orsi defended the importance of professional management of these funds to maximize the value of individual savings, and stressed that any change in the system must focus on the benefit of society.
Orsi considered that the role of the AFAP is not in question and rejected the idea of a “nationalization” of these administrators. He clarified that the Frente Amplio program does not propose such a measure, stating that “the program does not say to nationalize the AFAP, I never read it.” Instead, he indicated that “the issue of profit is to be reviewed,” pointing out that the profitability rate of the AFAPs has already been reduced in the past, an adjustment that was made without conflicts. He reiterated that any future earnings analysis must be done “without drama” and without an intransigent stance.
Likewise, Orsi questioned those who refuse to review the retirement and pension system, believing that “we refuse to analyze the issue of retirement and pensions, it seems to me that it is putting ourselves in a bucket.”
Beyond this, the candidate assured that the pension savings administrators “will continue to exist” since citizens, faced with a proposal that the award against them cease to exist, said in reference to the plebiscite on social security promoted by the Pit-Cnt and that they did not It achieved sufficient adhesions on October 27.
