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Hours after having presented a constitutionality reservation before the Senate Constitution commission, which dispatched the bill that allows the second withdrawal of 10% of pension funds, The Government presented its own initiative to the Upper House to carry out this process, for the only time and with limitations.
The Executive’s proposal is that the withdrawal may not be made by affiliates who, on the date of requesting it, have pension contributions that have been declared in the month immediately prior to the request, and whose remuneration is equal to or greater than 100 UF, an amount equivalent to almost $ 3 million.
Neither may it be withdrawn by persons whose income or remuneration is regulated in accordance with article 38 bis of the Constitution. That is: President of the Republic, senators, deputies, regional governors, officials trusted by the head of state and hired on the basis of fees who directly advise the government authorities indicated.
Further, “A reimbursement rule is established through an additional contribution to be determined by the Superintendency of Pensions, conducting a study to determine the corresponding additional contribution rate considering the behavior parameters of the labor market and the profile of each affiliate. It must also determine the timing of the refund ”.
Regarding the payment method, It will be done in two installments, the first being within a maximum period of 60 business days from the application submission date.. Meanwhile, the second payment will be made within 10 business days from the first. The justification is based on the stability of the pension funds of all members.
