For not reaching the required quorum (25 votes) and obtain 24 votes in favor, 15 against and 1 abstention, the Senate room rejected the idea of legislating the constitutional reform project that allows the early withdrawal of 10% of pension funds and life annuities.
Now it corresponds that the Chamber of Deputies and Deputies know the decision of the Chamber so that a mixed Commission that it should settle the differences around the initiative. In the case of the Senate, said body will be made up of the members of the Constitution Commission.
In essence, the initiative seeks to authorize the affiliates of the AFP to voluntarily and exceptionally make a new withdrawal of up to 10% of the funds accumulated in their individual capitalization account of mandatory contributions, establishing as the maximum withdrawal amount the equivalent of 150 FU and a minimum of 35 FU.
Likewise, it provides the possibility that pensioners under the modality of life annuities can make a second advance on their funds.
Right at 10 in the morning the senators began to give their opinions on the project and justify their respective votes. This, after having listened to the report delivered by the president of the Senate Constitution Commission, Pedro Araya, who explained the technical scope of the project that includes a fourth retreat and to learn about the proposals made by the Executive, through the Minister of Labor and Social Security, Patricio Melero.
The secretary of State insisted on “Negative effects” which would imply a new advance of funds, noting that 44% of affiliates and pensioners would not have money for their pensions and that “an unprecedented protection system has been delivered” that implies 26 billion dollars in direct transfers.
Info and photo: Senado.cl