The National Assembly has not yet approved the reforms to the Social Security Fund, which puts at risk the payment of pensions and retirement. Given this situation, the Cabinet Council has approved bill No. 07-25, which will allow transferring 91 million 620 thousand 25 dollars to the CSS.
To guarantee the payment of pensions in February, given the stagnation of the reforms to the organic law of the institution.
The Minister of Health, Fernando Boyd, stressed the urgency of this action, stating that without the reform, the search for additional funds is inevitable. «Every month the figure will increase. The only way to avoid it is with the modification of the Organic Law, ”he warned.
It is estimated that the IVM program deficit could reach 615 million dollars by the end of 2025, which raises serious doubts about the viability of the pension system.
The project will be presented today at the National Assembly, where its rapid approval is expected to ensure payments to retirees.
