[Minuto a Minuto] Government project for the withdrawal of 10% begins its process in the Lower House

17:11 –

| “I want to emphasize that if we achieved that, we would have 91 percent of Chileans without paying taxes. We ask you, minister, formally, to think about it, to think about it, in order to move forward with that arrangement,” added Sauerbaum.

17:06 –

| “We have been talking with the rest of the deputies from Chile Vamos, also with those who are not in this Commission, from Evópoli, and we are willing to advance in an exemption that could go up to the first tranche: up to one million 500 thousand pesos, and in that way to be able to give relief to middle class people, “Sauerbaum said.

five pm –

| In the Commission, RN deputy Frank Sauerbaum spoke to Minister Briones and proposed exempting those who earn up to 1.5 million pesos from paying taxes.

15:59 –

| The Labor Commission is chaired by Gael Yeomans, a member of Convergencia Social (Frente Amplio).

15:57 –

| The text that came out of the Senate does not include a refund of the funds, and provides that people with higher incomes who request the withdrawal must pay taxes.

15:55 –

| [Streaming] Minister Briones proposes before deputies to restore the reimbursement of withdrawn funds, something that the Senate rejected #CooperativaEnCasa

15:51 –

| The President of the Republic, ministers of state, regional governors, senators and deputies and their honorary advisers are excluded from this withdrawal.

15:49 –

| The amount to be withdrawn will be between 35 UF (around one million pesos) and 150 UF (4 million 350 thousand pesos), if savings allow it. If the affiliate has less than 35 UF in his account, he may withdraw all of the funds.

15:47 –

| As it came out of the Senate, the Government’s project establishes a unique, exceptional and voluntary withdrawal of up to 10 percent of pension funds, in the context of the Covid-19 pandemic.

15:44 –

| The analysis in commissions of the Government project can be extended until Wednesday, because, like the other, it is in the table of the Chamber session on Thursday, which begins at 10:00 hours.

15:42 –

| As the deputies’ project (which had broad support in the first process) was rejected by the Senate last week, it must be analyzed in a mixed commission, prior to its treatment in the Sala, next Thursday, December 3.

15:38 –

| In this scenario, the Chamber of Deputies and Deputies will address during this legislative week two projects related to the withdrawal of pension funds: the “second withdrawal”, promoted by the deputies through constitutional reform, and the “alternative”, presented by the Government to stop the series of parliamentary initiatives for transitory reforms to the Constitution.

15:31 –

| In this regard, the opposition expects modifications on the tax issue: that an exception be made with respect to the traditional income tax scheme and the cut of those who would pay taxes in case of executing the withdrawal be raised.

15:29 –

| The deputy RN Frank Sauerbaum slipped into the Commission that the Government will present “new indications, which have not entered.”

15:21 –

| The ministers María José Zaldívar (Labor) and Ignacio Briones (Finance) present before the parliamentary instance.

15:14 –

| “We are working hard so that they can withdraw 10% before Christmas,” President Sebastián Piñera said on Friday.

15:10 –

| The Labor and Social Security Commission of the Chamber of Deputies and Deputies this afternoon began the review of the initiative, which has similarities and differences with the one promoted by legislators such as Pamela Jiles.

15:05 –

15:00 –

| The Government’s project for the withdrawal of 10 percent of pension savings begins this Monday in the Chamber of Deputies and Deputies.