“Small letter” and “self-loan”: the objections generated in Congress by the Government project for the withdrawal of 10%



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The government’s announcement of its own pension fund withdrawal project moved the floor in Congress, but the truth is that it did not even convince its sector. It is that the Executive not only announced the initiative late, as claimed by the opposition, but also its proposal is full of particularities, such as limits of amounts and beneficiaries and also establishes a mandatory refund, which were interpreted as a “fine print” by parliamentarians from their own ranks.

From the Government, the Minister of Finance Ignacio Briones, again justified the initiative today, noting that “we hope that good sense regarding the edges prevails.” “Here none of the edges that we are proposing is a messy thing,” he said.

The edges that Briones raises are half accepted by the senators of his coalition. From the UDI, two senators who have announced their support for the second withdrawal – as José Durana and Iván Moreira– They welcome the initiative of the Government, but with objections.

According to Durana, “this project really meets the needs of the people”, but pointed out that “I am requesting that it cannot be through a self-loan.”

Iván Moreira, meanwhile, commented that “I will vote conscientiously”, although he warned that “I hope that in order to make the correct decision the project will be corrected, increasing to 150 UF -4 million 350 thousand – the withdrawal, and that it is without reinstatement”.

Looking at the half-full glass, on the right, the Senator RN Manuel José Ossandón He maintained that “it seems that the Government managed to understand the urgency and emergency that many families are experiencing in our country. His 10% withdrawal bill guarantees that the initiative will not be blocked. “

However, at the same time he stated that “as presented, he does not have my support. Setting conditions to withdraw money is the fine print, it dirties what is an initiative to help those who need it most. I am willing to talk and find a way out, but without fine print ”.

For its part, Juan Castro (RN) pointed to The second that “it seems to me that the project that was presented did not seem right at first. There are things that are questionable, like that there is a cap for those who want to withdraw ”.

In the business world they were not satisfied with the move of the Executive either. The President of Sofofa, Bernardo Larraínsaid in Radio Concert that if the Government was going to present “an alternative project, it was better to do it from the beginning, (although) I think it is still bad public policy.”

However, Durana appealed to realism, noting that “the other project will have a constitutionality reserve, and will go to the Constitutional Court; therefore, if the objective is really to help the people, I think the entire Senate should approve the bill presented by the Government. “

Total rejection in the opposition

In the opposition, there is only one position and no one appreciated the government’s project. “It is very difficult, if not impossible, to move forward with the level of restrictions that have been placed on the possibility of withdrawing pension funds. The approval of the second 10% will be carried out, but without that level of restrictions ”, said the The senator of the PPD Ricardo Lagos Weber.

For the president of the Senate Labor Committee, Juan Pablo Letelier, the government initiative is a “setback”. “The self-loan criterion established by the Minister of Finance in this project is unacceptable and we are not going to approve anything that means taking away rights.”

The deputy of the Social Green Regional Federation, Alejandra Sepúlveda, author of the first project to withdraw 10% of the pension funds, criticized the “self-loan and lack of universality” in the Government’s project and regretted that the Executive “seeks to get a slice at all costs, insists on not losing with nobility and today just come to hinder and block this second retreat ”.

Meanwhile, the bench of deputies of the PPD He assured that he will not support the Government’s bill, insisting that “this is a withdrawal of 10% in fine print, with restrictions, and that it establishes a mandatory return through an additional contribution, a” forced auto loan “that does not we will support. We call on the government to withdraw it and continue with expeditious processing of the constitutional reform that had broad support in the Chamber of Deputies. We ask the Government not to continue taking care of the AFP business, “said the Head of the PPD Bank, Raúl Soto.

Regarding the processing of the project that begins today in the United Labor and Finance commissions, Weber Lakes He said that in this instance it will be possible to “know in detail the government’s proposal.” “But I want to say that establishing restrictions on this second 10%, when during the first one a sit-down attitude was maintained and did not intervene in anything, it makes it very difficult to even think about approving it with this level of restrictions,” he said.



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