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Boric intends to impose an aggressive reform to the pension system of Chileans

By Daniela Carrasco*

Late Wednesday night, the President of Chile, Gabriel Boric, announced the Pension Reform, one of his campaign promises, to eliminate one of the institutional pillars of the Chilean "model".

Therefore, according to the president, "the AFPs, in this reform, are finished". However, numerous transversal criticisms have been raised against this initiative.

The pro-amplista Government had hoped that the proposed Constitution to end the AFP pension system would be approved. Still, since it was overwhelmingly rejected in the exit plebiscite, it announced this reform, which should enter the Chilean Congress next week as a bill.

Under the . . .

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