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Pension reform: DC has signed a contract to unlock the project and clarify the scope of the public agency.



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"DC's leadership has allowed voting for pension reform to come to the House of Representatives today," PPD, PR and PS have taken the lead in our initiatives, "emphasized the Twitter account. del Trabajo clarifies the public agency responsible for the 4% additional contribution called the Social Security Savings Council (CASS), which is the Communist Party or the Frente Amplio [ACTUALIZADA]

The main focus of pension reform, handled by the Labor Committee of the House of Representatives, will be formulated at parliament this morning in agreement with the government and new parliamentarians today.

The bilateral talks aimed at clarifying the public institutions that would be responsible for the 4% additional contribution called the Social Security Savings Council (CASS).

"We will at least include PPD, socialists and radicals," he said. "We agreed to postpone more time." Gabriel Silber (DC), Negotiator, Statement third.

At DC, they emphasized their role in carrying out this negotiation. "#DC's leadership has allowed voting to reach the conference room for pension reform.PPd_Chile, @Pradicalcl and @PSChile today join our initiative to make pension reform profitable for all Chileans #ConlaDCesPosible" I posted the game on Twitter.

According to a press release dated yesterday afternoon, Silber will detail the agreement with Tucapel Jiménez (PPD), Manuel Monsalve (PS) and Alexis Sepúlveda (PR). , Who will receive the Labor Minister Nicholas Monckeberg from each proposal.

Fast processing

Last week the Labor Commission approved most of the bill. He has suspended discussions and voting on the administration's indications regarding managing 4% of additional contributions from employers.

Once these indications are approved, the project must go to the Financial Services Commission and the same protocol aims to take prompt action if the parties indicate that "the measure promises to do all the necessary work." On 1 January 2020 It will be dispatched during November so that the benefits can take effect. "

Contract content

According to the information provided by Financial TimesA new entity that will manage 4% indirectly will have autonomy, legal personality and heritage and will be directed by "a directory that will be integrated, updated and regulated according to the terms and best practices of the member government interventions."

The new corporation must comply with the same laws, regulations contained in the laws of limited companies, and be supervised by the Pension Supervisory and Financial Market Commission. "In turn, it will be responsible for social insurance such as insurance and Sanna laws and others established by each law," he adds.

Another point to be considered by this Convention is the government's commitment to the government's efforts to improve systems that do not benefit from the benefits of women's pensions, particularly the solidarity pillars, and to propose such changes in accordance with the ongoing project's symptoms.

Bill

The bill envisions about 50 actions, of which 14 were rescued from previous government projects. This includes five focuses on current and future pensioners, elderly benefits from Pilar Solidario, and pension improvements in the severe functional dependency status of women, the middle class and the elderly.

It is also considering strengthening pension supervision, enhancing transparency and capacity of the AFP system, and coordinating the role of subsidiaries in fund operations.

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