AFPs – Chile’s lower house approves withdrawal from pensions
SANTIAGO – Lawmakers in Chile’s lower house have approved a bill to allow citizens to withdraw up to 10% from private pension funds, dealing a…
Pension
Chilean House of Representatives approves withdrawal of 10% from retirement funds
Marcelo Montecinos/The Santiago Times Staff SANTIAGO – After a tense 10-hour debate as to whether Chileans could withdraw, as a personal, temporary loan, part of…
Chile’s pension system is changing for the worse
Marcelo Montecinos/The Santiago Times Staff SANTIAGO – Chile’s Minister of Finance, Ignacio Briones, gave instructions for changes to laws 18.045 and 18.046, which were originally…