From Pinochet to Pandemic: a History of Chile’s AFPs
The privately managed pension accounts (AFPs) are legacies of the Pinochet dictatorship. The debate over a 10% withdrawal from the funds has the defenders of...
Tag : pension system
The Other Pension System: Chilean Security Forces Retire Comfortably
by Diego Rivera
The congressional debate surrounding the 10% withdrawal from privately managed pension accounts (AFP) has again exposed the system to criticism. However, the AFP system is...
Chile’s Lower House Approves Withdrawal of Pension Funds
SANTIAGO – The Chilean Lower House has approved the part of the pension bill that allows Chilean to withdraw up to 10 percent of their...
Lower House Approves Withdrawal of Pension Funds in Historic Vote
SANTIAGO – Chile’s lower house of Congress has approved a bill that would allow Chileans to withdraw 10 percent of their pension (AFP) funds during...
Congress Discusses Withdrawal of Pension Funds During Crisis
SANTIAGO – One of the hottest topics in Chilean politics in recent weeks has been the withdrawal of pension funds by Chileans to cover losses...
Is the Chilean Pension System Unconstitutional?
SANTIAGO – The Constitutional Court of Chile has accepted an appeal filed by a retired teacher who wishes to access her pension funds. She plans...