No menu items!

Chile deputies approve controversial fourth withdrawal of pension funds during pandemic

RIO DE JANEIRO, BRAZIL - Chile's Chamber of Deputies on Tuesday (28) approved a fourth early withdrawal of 10% of pension funds to alleviate the economic difficulties caused by the pandemic. This previous measures fueled inflation and were resisted by the conservative government of Sebastián Piñera.

"APPROVED, Chamber approves bill to allow members of the pension system, the early and voluntary withdrawal of part of their funds", tweeted the legislative body after the initiative got 94 votes in favor (one more than necessary), 39 against, and nine abstentions. To become law, the text must now be approved by . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content