Chile's Finance Minister Mario Marcel signals tougher stance for pension reform, shifting from individual accounts to a mixed system.
Chile's Finance Minister, Mario Marcel, signals tougher stance for President Gabriel Boric's pension reform. The government aims to avoid early concessions, shift from individual savings accounts to a mixed system with a solidarity component, & address low pensions causing social unrest. The administration remains open for dialogue while not being deterred by contentious issues like employer pay-ins.
April 20, 2024
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