The Association of Private Banks of Uruguay (ABPU) approved in a general assembly a joint solution between workers, companies and banks to finance the deficit that the economy has been going through for years Retirement Fund and Bank Pensions.
From APBU They highlighted in a statement the “agreed exit” after what they described as a “dialogue position and search for solutions, beyond some conflicts. In the sector they estimated that the financing needs of the bank account It is estimated at around 900 million dollars until 2035, an amount that will be paid “with contributions from all the actors in the system.”
When specifying the role of each one of the actors, from the association they indicated that the workers will receive retirements that “gradually they will converge to retirement conditions closer to those of the general regime”.
In this sense, they highlighted that the liabilities whose cause has been configured after the entry into force of Law 18,396 of 2008, and receive benefits greater than 6 Benefits and Contributions Base (BPC), They will contribute with a paratribute of 4%. “The state will contribute with the guarantee to the bonds to be issued by the Bank Box”, they specified.
The contribution of companies and banks
From ABPU They highlighted the contribution of companies. “Through an increase in the employer’s complementary benefit and, in the case of banks, is added, for 8 years, to a paratribute to be created”, they pointed out in the statement and clarified that “the banks They are the ones who make the most effort, since most of the current liabilities are former bank workers”.
Meanwhile, for the private banks the additional contribution in this period will exceed 175 million dollars. “With this burden, in 2024, member banks of ABPU they will face an employer contribution of 54.1%”, they observed.
The entity valued that “all this represents an extraordinary effort that the institutions assume to guarantee the payment of liabilities.” Therefore, they expressed their agreement with having reached “an agreement that we consider beneficial for our workers.”
“Spirit of dialogue” to avoid a greater evil
The general secretary of AEBU, Fernando Gambera, He had already told Ámbito.com that they wanted the parties to “put in a similar effort” with the aim of “avoiding a worse evil for all of society.”
Now, after the general assembly, the ABPU He bet “on the spirit of dialogue and search for understanding that allowed finding ways out of this crisis allows” for the future. Along these lines, they called for “adapting the financial system to the needs of our clients and guaranteeing its sustainability”, but also “encouraging the generation of quality jobs and work dynamics that promote merit and equity”.
“We assume the commitment to work on them with the greatest determination and the same spirit of dialogue” they highlighted from the union and admitted that they will give their support to the bank account “so that it makes its contribution through greater efficiency and, above all, ensuring that a crisis does not happen again for so long unnoticed.”
Source: Ambito
