Tag: pensions

• Thursday, August 27th 2020 - 09:08 UTC

  Executive and Congress in Peru clash over bill allowing citizens to draw on their state pensions' funds

  

  Peru's Congress approved a law that allows citizens to partially draw down their contributions to the state pension fund, a few months after doing the same with the private system and despite fierce opposition from the government.

• Saturday, August 1st 2020 - 06:07 UTC

  Colombia planning private sector workers to tap pension savings

  

  Colombia is the latest Latin American country considering a plan to let workers tap private pension savings, a move intended to soften the slump in consumer spending but which risks worsening some of the world’s deepest stock market slumps.

• Thursday, July 23rd 2020 - 09:54 UTC

  Chilean private pensions' funds divestment anticipates major political challenge for the Piñera administration

  

  Chilean senators on Wednesday voted to approve a controversial bill that allows citizens to withdraw 10% of their pension savings to help ease the economic impact of the coronavirus outbreak.

• Thursday, July 16th 2020 - 09:39 UTC

  Riots in Santiago as congress considers bill to allow Chileans to withdraw part of their pension funds

  

  Protesters in Santiago defied a citywide lockdown meant to combat the spread of the coronavirus, barricading roads and looting early into the morning on Wednesday in support of a proposal to allow Chileans to withdraw part of their pensions amid the crisis.

• Thursday, July 16th 2020 - 09:00 UTC

  Chilean lawmaker celebrates passing of a bill liberating 10% of pension funds

  

  Chilean lawmaker launched hundreds of internet memes on Wednesday when she ran through congress wearing a pink cape and waving matching fans to celebrate passage in the lower house of a coronavirus emergency aid measure.

• Tuesday, January 15th 2019 - 08:36 UTC

  Bolsonaro pensions reforms aim to save some US$ 270bn in ten years

  

  Far-right Brazilian president Jair Bolsonaro’s new government wants to save 1 trillion Rreais (some US$ 269.48 billion) over 10 years via pension reforms economists say are vital to undo the growing fiscal deficit, a Brazilian newspaper reported on Monday.