Fabriles demand that workers have majority representation on the Manager’s board of directors

The leadership of the factory workers went a step beyond what has been demanded so far by different sectors of contributors to the comprehensive pension system and demanded that the workers be the ones with the majority representation on the board of the Public Manager of Long-Term Social Security.

“We have to have the majority, we have to define the policy”, said Vitalino Mamani, Permanent Secretary of the General Confederation of Workers of Bolivia.

The leader’s statements are made known after representatives of the same factories, doctors, university workers and retirees, among others, demanded that the Government be part of the directory and a treatment similar to that given to the miners of Huanuni, with whom the Ministry of Economy agreed to temporarily suspend the migration of the information of their contributions to the Manager.

Analyst Gonzalo Chávez told EL DEBER Radio that the problem of lack of confidence of workers in the state administration of pension funds “is just beginning.”

This distrust has to do, he considered, mainly with two elements. With the “failure” that the State had in the administration of the old pension system; and with the implementation of Law 065 on Pensions which, as far as the Manager is concerned, will only be implemented 12 years after its enactment.

They are “$23,000 million, the life savings of 2.5 million people” and “the transfer of information from the AFPs to the Management Company is just beginning to be socialized, 12 years after Law 065”, Chavez questioned.