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OECD warns about pension withdrawals, believes that Chile is where pensions “could be most affected”

RIO DE JANEIRO, BRAZIL - The fact that last week the Chamber of Deputies rejected the fourth withdrawal of funds from the AFPs did not prevent a new bailout and the total transfer of savings from being processed in Congress. Criticism of these measures abounds, and one of the latest came from Paris.

"Unless increased future savings compensate for these withdrawals, the consequence will be a low retirement," warns the Organization for Economic Cooperation and Development (OECD) to countries that have authorized these bailouts to compensate for the economic hardship of the pandemic, using Chile as an example.

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