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Government backs down and takes away the gradualness of the Universal Guaranteed Pension project

The Treasury modified part of the Universal Guaranteed Pension project (PGU), ad portas of its processing in Congress, and eliminated the gradualness of the initiative.

The Government provides that those who are in the solidarity pillar receive the PGU three months after the law is approved, while the New beneficiaries should receive the extra amount from the seventh month after the project is approved.

According to The Mercury, if the project is dispatched in January, pensioners will be able to see their pensions increase in April.

“We hope that this project will be approved soon … We want to guarantee our seniors an old age with greater peace of mind. We hope to have a discussion in Congress where dialogue and agreements because our seniors can’t keep waiting“, said the Minister of Finance, Rodrigo Cerda.

Meanwhile, the Minister of Labor, Patricio melero, indicated that “It is important to move towards a universal guaranteed pension that ensures a level of dignity for our older adults. It is time to put political differences aside and generate the Consensus necessary to establish certain common minimums that allow guaranteeing a dignified old age“.

The The Government only hopes that the Pension Advisory Council issues the report on the sustainability of the initiative, after which, according to the Minister of the Segpres, Juan José Ossa, get it will put immediate discussion.

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