Piñera presents alternative bill for pandemic pension fund withdrawals

Unlike the Congressional proposal, the new bill includes the payment of taxes "by taxpayers belonging to the 10% with the highest income in the country".

RIO DE JANEIRO, BRAZIL - Chilean President Sebastián Piñera on Sunday presented an alternative bill to allow the country's citizens to withdraw a third 10% of their savings in private pension funds, in an attempt to stop a similar measure passed in Congress that seeks to help the depleted middle class during the pandemic.

"Tomorrow we will forward to Congress, and with the utmost urgency, a bill for the withdrawal and recovery of pension savings, which allows Chileans to withdraw 10% of their savings and which solves the problems of the bill recently approved by Congress", announced the . . .

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