US EditionBoric signs Chile's pension reform into law
16 Articles
16 Articles
During this Thursday's day, the government of President Gabriel Boric celebrated the promulgation of the previsional reform. To this activity, Chile Vamos decided to subtract. The only one who attended was the senator unionist Iván Moreira.In a new chapter of the streaming program of La Tercera, Desde la Redacción, the leader of the UDI, the deputy Guillermo Ramírez, explained the reasons for the absence of the conglomerate. "We knew that, this …
Boric signs Chile's pension reform into law
Chilean President Gabriel Boric Font Thursday signed into law the new pensions reform introducing changes to the retirement mechanism in force since Augusto Pinochet Ugarte's military dictatorship (1973-1990). The new law will become effective starting in September 2025 and be fully implemented by 2035. It provides for a mixed system with contributions from workers (10%), employers (8.5%), and a new state-backed social security component, in a mo
According to social organizations, President Gabriel Boric’s social reform consolidates a model that prioritizes large economic groups over workers. Chile’s president, Gabriel Boric, promulgated on Thursday the social security reform that will allow an increase in pensions from 14 to 35 percent to more than 2.5 million retirees. READ ALSO: Chilean Constitution approves the social security reform: The end of the AFP? According to the Chilean pres…
Change provides for employers' contribution and creation of state insurance to strengthen pensions Chile enacted this Thursday a long-awaited reform of the private pension system, imposed by the Augusto Pinochet dictatorship (1973-1990), which left the sole responsibility of financing their pensions in the hands of workers. The reform represents one of the biggest political victories of the government of left-wing president Gabriel Boric, who is…
Latin American Summary, March 22, 2025. Gabriel Boric. Photo: Jorge Villegas/Xinhua The Chilean president presented it as a great achievement and assured that it will benefit 2,800,000 elderly people. However, various organizations rejected it and questioned that the president did not fulfill his promise to eliminate AFPs. Chilean president Gabriel Boric, [...] La entrada Chile. Boric promulgates a reform that increases pensions but maintains th…
The National Board of the Broad Front is promoting a nationwide campaign aimed at clearly and accessibly explaining the key aspects of the Pension Reform. Focused on public outreach, this campaign includes training for Broad Front activists, […] The post [NATIONAL] Broad Front launches campaign to inform citizens about the benefits of the Pension Reform first appeared on Diario La Quinta.
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