Senate Constitution Commission approved second withdrawal of 10 percent



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The Senate Constitution Committee approved and dispatched, in general and in particular, the reform bill that enables a possible second withdrawal of 10 percent of pension funds, an initiative that must be processed in the Chamber of the Upper House.

The proposal promoted by the opposition had three votes in favor: Pedro Araya (Indiana), Alfonso de Urresti (PS) and Francisco Huenchumilla (DC), while Rodrigo Galilea (RN) and Ebensperger Light (UDI) voted against.

Likewise, the parliamentarians approved the initiative in particular as it was dispatched from the Lower House, but with some modifications.

When starting the particular discussion, the senators rejected the indications that decreed the payment of taxes to those who will withdraw the amounts and They intended to limit the withdrawal of funds only for those who have seen a loss of income.

With this, it was approved within 15 business days for the administrators to deliver the money once they are requested.

Another indication that it was approved is the one that decrees withholding of the amount for those who owe alimony payments.

Likewise, it was approved that the AFPs will not be able to make arbitrary discrimination when making the delivery of the withdrawn money, “especially in the specific case of people who submitted to the identity registration change, established in Law No. 21,120.”

As part of the proceedings, the senator Francisco Chahuán (RN) decided to withdraw all his indications and called on the Government “to take action.” advancing in a pension reform.

At the end of the session, the Minister Secretary General of the Presidency (Segpres), Christian monckeberg, presented, on behalf of the Executive, a reservation of constitutionality of the project.



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