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The Labor Commission of the Chamber of Deputies and Deputies approved this Thursday the Government bill that allows a second withdrawal of pension funds.
The message establishes the right to extract, one time and exceptionally, 10 percent of pension savings, with a A minimum of 35 UF (1 million pesos) and a maximum of 150 UF (2.9 million).
If the accumulated balance is less than the minimum figure, the withdrawal of all the funds is authorized, the project indicates.
The initiative must be analyzed this Thursday morning in the Finance Commission and immediately after in the Chamber of the Lower House, to be later studied and voted on by the Senate, which could even happen during the afternoon.
During the course of the working session, around 4:00 p.m., the debate was suspended for several minutes so that deputies of the ruling coalition, Chile Vamos, and the Government met with a view to advancing the talks related to the section subject to a tax, which had been one of the obstacles to the initiative.
Finally, the Executive agreed to exempt income taxes under 1.5 million pesos.
Withdrawal of 10%: Minister Briones agreed to exempt from taxes those with income of up to one and a half million pesos. “That stretch and no more,” he warned #CooperativeInHome https://t.co/kqP7uFnpK9
– Cooperativa (@Cooperativa) December 2, 2020
APPROVED INDICATIONS
The commission continued with the debate in particular of the project, approving an indication to reduce the term of the first payment of the withdrawal of 15 to 10 business days and another 10 for the second payment, and a year was decreed to carry out the process.
NOW The House Labor Commission reduced the maximum legal term for the payment of the first retirement installment of 10% (or only installment if it is less than one million 16 thousand pesos), from 15 to 10 business days.@Cooperative
– Jorge Espinoza Cuellar (@espinozacuellar) December 2, 2020
Unanimously, the deputies supported that the higher fiscal expenditure represented by the application of the law during the budget year is financed from the resources from the Ministry of Labor and in what is missing from the budget line of the Public Treasury.
Likewise, they approved that In no case will the amounts withdrawn from the pension funds directly or indirectly affect the socioeconomic characterization that the State makes of the affiliates or their home for the purposes of application and eventual allocation of subsidies or social benefits of any kind.
Likewise, unanimously, the commission endorsed the Government’s proposal to regulate and streamline the payment of alimony claimants when the monies are withheld by court order, by virtue of the previous 10 percent reform or the future law.
The Minister of Labor, Maria Jose Zaldivar, explained the heart of the indication: “If a father has more than one child with different mothers, there are different causes and the AFP does not have how to know which one to prioritize. If there is a cause that is older, which one do I prioritize? problem if we deliver the Obligation to the court, along with requesting the retention, (deliver) details of how they should be imputed and that it is not at the discretion of the administrator “.
Photo: ATON
When it is time to analyze the indication of tax exemption, agreed between deputies of the ruling party and the Government, the Minister of Finance, Ignacio Briones, detailed that “The first tax bracket, that is, those incomes that are between 13.5 and 30 UTA, which correspond to salaries, approximately, between 700,000 pesos per month and 1,500,000, will be exceptionally exempt from the payment of retirement tax” .
All this, while the opposition maintains its position that the payment of taxes is exempted on incomes below 2.5 million pesos.
Despite this position, the indication was approved by 12 votes in favor and one against.
With 12 votes in favor and 1 against (A.Labra), the Labor Commission of the Chamber approved the Government’s indication (agreed with Chilevamos) for the tax exemption for the second retirement of pension funds to those who earn up to 1, 5 million. Tomorrow is seen at the Hacienda.
– Jorge Espinoza Cuellar (@espinozacuellar) December 2, 2020
By justifying your vote in favor of the indication, Tucapel Jiménez (PPD) He asked the citizens for forgiveness: “We have no other choice. Unfortunately, they transformed a project that was tax-free, which we had voted with a large majority in Sala, into a project that has to pay taxes “
For its part, Amaro Labra (PC), who voted against the indication, stated that “I don’t need to ask anyone for forgiveness: the people will understand that what we are trying to do is to continue taking people into account.
REJECTED INDICATIONS
In the session, the deputies rejected an indication answered by the Executive whose objective was, among other points, that the pension fund administrators, at the time of receiving the request, or no later than the third day, inform the affiliate about the impact expected in your future pension upon retirement from this fund.
Labor Commission of the Lower House rejected the Government’s indication that it wanted the AFPs to inform their affiliates of the impact of the second # Retirodel10xciento (6 votes in favor, 6 against and 1 abstention) #CooperativeInHome https://t.co/7zbw0c0d2A
– Cooperativa (@Cooperativa) December 2, 2020
Similarly, parliamentarians They rejected La Moneda’s indication that required the withdrawal of the withdrawal – the so-called “self-loan” – arguing from the opposition that it is a help and not a loan. For their part, from RN they justified their rejection by stating that they asked the Executive to be a volunteer.
The Chamber’s Labor Commission rejected the government’s attempt to have the withdrawal of funds returned to the AFPs.@Cooperative
– Jorge Espinoza Cuellar (@espinozacuellar) December 2, 2020
Minister Briones announced that They will replace this indication in the Finance Commission, as they will with the reduction to 10 days for the term of payments for the requested withdrawals, “in the hope that, hopefully, this payment is made in a timely manner”, since it would generate a problem in technical terms that risks delaying the dispatch of the project.
“If we maintain that deadline, we are going to go to a third process and that risks delaying the final dispatch,” he argued.
Minister Briones after the fall of the “self-loan” in the Labor Commission: “We have justified why and we are going to replace the indication in the Finance Commission. There they will vote freely if they take the point made by the Executive well” https: / /t.co/WDWdAVZKkA
– Cooperativa (@Cooperativa) December 2, 2020
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