In this sense, it should be remembered that the Worker Representation Team (ERT) at the Social Welfare Bank (BPS) alerted through a technical report that future retirements will be between 10% and 38% with the government reform; while the Bank Retirement and Pension Fund He warned that the new pension system will cause losses of between 27% and 81% in the retirements of workers in the sector.
On the other hand, the government maintains that the social security reform will succeed in boosting the retirement growth between 18% and 20%, while expanding the coverage of the pension system. And, on several occasions, the Minister of Economy and Finance (MEF), lily arbelechehas affirmed that in no case will retirements fall.
For their part, entities such as the Economic Research Center (Cinve) point out that, although the lowest pensions do not change or even end up earning a little due to the effects of the new solidarity supplement, two thirds of workers will receive a lower benefit than what they would receive under the current regime. The remaining third would obtain a better retirement with the reform.
Faced with these disparities regarding what will happen to retirements in Uruguay, the FA requested the report through a consultant.
The points without closing between the parties of the ruling party
Generally speaking, the Colorado party will continue to accompany the project promoted by Lacalle Pou and the National Party. This was confirmed by the Colorado deputy and member of the Special Commission of the House of Representatives, conrado rodriguezto scope.com; as long as what they consider to be the three pillars of the reform are maintained: that the rules of the game are respected for those who are already retired; Legitimate expectations are also respected, that is, that those who are 50 years of age or older today will not have any change in the rules of the game; and third, that the different income strata will generate an improvement in the retirement credit.
In fact, the representative expressed that his party would have promoted the changes during the first change of government.
However, he also pointed out that there are points that could be improved and for which they will present their own proposals. Such is the case of complementary funds and the inclusion of the Notary Box in the reform, with a context of surplus very different from that of the Savings Banks banking and of University Professionals.
As to Town meetingthe match of Guido Manini Rios it remains quite intransigent with its demands —Notarial Fund, IASS, replacement rate, among others—; which he let slip during the Senate debate, but which he warned would come to a head in the second half of the treatment. In that sense, even the positive votes of him are in doubt.