translated from Spanish: Piñera advocates pension reform and clarifies 4% controversy: “AFPs will not participate directly or indirectly”

President Sebastián Piñera went out to clarify the controversy around 4% additional pension contribution,
“This reform strengthens the contributing pillar through an additional contribution from the 4% employer, who will go to each worker’s individual account, because that planned savings belong to the workers,” the Mandatory said in an interview with El Mercurio. Piñera added that “we have no right to get to reach out to something that belongs to them. In addition, we believe that workers should have as many options as possible to choose from, and those are two principles that we raise very clearly in the Public Account and that are part of the agreement.”
Faced with the question of whether AFPs would be able to participate in a 4% manner, the Chair’s response was resounding. “No, neither directly nor indirectly, ” he said.
It is worth mentioning that the storm began after the Public Account. Pandora’s box was opened by The Representative himself and meant several readings by the opposition. The most common, which the Head of State gave “a sweet” to the AFPs, assuring them that some of the cake of the additional 4% contribution will also be able to reach their coffers.
This caused annoyance in dc, who voted for reform and gave the go-to project. Party president Fuad Chahin said after the presidential event that the public account only ratified the “Bolsona” policy of Piñera’s current management: “It tells Chileans that a major national agreement is needed to improve quality of policy and institutions, while eroding the ethical foundations and confidence that they must sustain such an agreement. And he does it openly, without modesty.”

Original source in Spanish