Boric signs Chile's pension reform into law

During this Thursday's day, the government of President Gabriel Boric celebrated the promulgation of the previsional reform. To this activity, Chile Vamos decided to subtract. The only one who attended was the senator unionist Iván Moreira.In a new chapter of the streaming program of La Tercera, Desde la Redacción, the leader of the UDI, the deputy Guillermo Ramírez, explained the reasons for the absence of the conglomerate. "We knew that, this …

Boric signs Chile's pension reform into law

Chilean President Gabriel Boric Font Thursday signed into law the new pensions reform introducing changes to the retirement mechanism in force since Augusto Pinochet Ugarte's military dictatorship (1973-1990). The new law will become effective starting in September 2025 and be fully implemented by 2035. It provides for a mixed system with contributions from workers (10%), employers (8.5%), and a new state-backed social security component, in a mo

According to social organizations, President Gabriel Boric’s social reform consolidates a model that prioritizes large economic groups over workers. Chile’s president, Gabriel Boric, promulgated on Thursday the social security reform that will allow an increase in pensions from 14 to 35 percent to more than 2.5 million retirees. READ ALSO: Chilean Constitution approves the social security reform: The end of the AFP? According to the Chilean pres…

Latin American Summary, March 22, 2025. Gabriel Boric. Photo: Jorge Villegas/Xinhua The Chilean president presented it as a great achievement and assured that it will benefit 2,800,000 elderly people. However, various organizations rejected it and questioned that the president did not fulfill his promise to eliminate AFPs. Chilean president Gabriel Boric, [...] La entrada Chile. Boric promulgates a reform that increases pensions but maintains th…

The National Board of the Broad Front is promoting a nationwide campaign aimed at clearly and accessibly explaining the key aspects of the Pension Reform. Focused on public outreach, this campaign includes training for Broad Front activists, […] The post [NATIONAL] Broad Front launches campaign to inform citizens about the benefits of the Pension Reform first appeared on Diario La Quinta.

“The pension reform is a collective achievement of Chile. Its approval was cross-cutting, majority and it also gives a signal to the country that working together Chile is advancing,” said President Gabriel Boric in Peñalolén. Santiago. 20/03/2025. The President of the Republic, Gabriel Boric; the Minister of Finance, Mario Marcel and the Minister of Labour and Social Security, Jeannette Jara, signed on Thursday the decree that promulgates the l…