Panama has already received the report from the International Labor Organization (ILO), on the Actuarial Valuation of the Panamanian Pension System, which highlights the need for a trust to support the system.
In this sense, the president of the Board of Directors of the Social Security Fund, Aida de Maduro, deepened this Monday on Radio Panama about the situation.
«The ILO is a third instance where the situation of the Disability, Old Age and Death (IVM) program of the Social Security Fund (CSS), requested by the dialogue table, is already confirmed; This report comes with more details of why the program requires change, “said de Maduro.
He indicated that the same will serve as input to the board, to take the recommendations and continue the obligation based on the actuarial technical board, established by Law.
“We have to do it, it has already been shown that the system does not resist being passed on to another government and decisions do have to be made, because the decision is not in the short term, the IVM issue is something that is going to be resolved with the pass the years, therefore it should not cease to have continuity, “he stressed.
