La Jornada – Borić proposes to abolish the pension system in Chile
Santiago. Chilean President Gabriel Boric unveiled a bill on Wednesday evening that would abolish private pension fund managers (AFPs) and replace them with a new mixed system that increases pension amounts. In a televised message, Borić made one of his biggest pre-election promises: to abolish the system created in 1981 by the Pinochet dictatorship (1973-1990), … Read more