The numbers of the Countdown They are already beginning to be bright red for the government of Luis Lacalle Pouwhich is still waiting to get the approval of the fundamental project of its reformist agenda for March 31. With a week to go before the deadline, and with its main obstacle within the coalition itself, the dialogue became more important than ever.
This dialogue with the legislators of the Multicolor Coalition This is what managed to agree on modifications to the social security reform project, as Mieres explained at a press conference after his appearance before the Special Commission of the Lower House. Some of which, it is hoped, manage to unblock a fierce discussion with the sector led by Guido Manini Rioswhich jeopardizes the votes in Parliament.
In this sense, one of the outstanding points is the adjustment of the limits and guarantees of the investments abroad of the Pension Savings Fund Administrators (AFAP) to reduce your risks. This had been pointed out as one of the issues to be negotiated with the lobbyists —although some had requested to eliminate the authorization outright, an idea ruled out by Manini Ríos himself.
He also informed that these modifications will continue to be prepared in the following hours to present them to Parliament in the first days of next week, so that the commission can vote on them within the deadlines established by law.
“The general architecture of the project has not been modified. and it is what guarantees that we have a result of fiscal sustainability and equity and, at the same time, we ratify the comprehensive nature of the reform”, he assured.
Others changes that will be incorporated are the extension of the pension for widowhood, the revision of the required years of marriage and concubinage for management of the pension cause and the incorporation of articles on situations of disability. Likewise, the possibility of incorporating the concerns expressed by organizations linked to the issue of disability will be considered; and the reduction of the required years of residence for migrants to access the right to a pension.
La Caja Notarial, the bargaining horse
On the other hand, the government is advancing with the modifications in the points that contemplate all the subsystems and parastatal funds, such as the Professionals, the banking, the military and police retirement services and, above all, the Notary Box. The latter wants to be excluded by the Cabildo Abierto from the reform, so that it can be given a differential treatment.
In this sense, the Executive Branch —which does not see the reduction in the calculation of the replacement rate as feasible, much less in the retirement age within the proposed fiscal scheme— seeks to reach an agreement that manages to bring positions closer together —and ensure the votes— with the lobbying sector: a 20-year convergence system.
This would also add to a “window period” for the Notarial Fund, a measure that had been advanced by the Colorado deputy conrado rodriguez to this medium. Although it would be only three years, instead of five.
“Today each peso that a Uruguayan puts up for his retirement is worth a different amount depending on which box it is put in and that is not right, it is unfair, it is not fair,” reflected Mieres in this regard, and maintained that for this reason the reform seeks build common parameters and rules for all citizens, regardless of the boxes in which they are contributing.
Source: Ambito
