RIO DE JANEIRO, BRAZIL - In his victory speech on Sunday night, the President-elect, Gabriel Boric, confirmed the proposal of a collective pension system in which the AFPs (Administradoras de Fondos de Pensiones), the country's Pension Funds Administrators, will not participate, at least in the mandatory section.
And even though the future president's team knows that the road will be more than complex, considering that they do not have a majority in Congress, they have a plan to execute the campaign promise.
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