Chile plans to reform controversial pension program next year

The Chilean government will send a long-awaited bill to reform the country's controversial private pension system to congress next year, Finance Minister Mario Marcel said on Tuesday. Read also US. How to Improve Retirement Readiness in Under-represented Groups Reforming the current system, Pension Fund Administrators (AFP), was one of the biggest demands demonstrators had during the 2019 protests. One of the biggest complaints against the system is its low-paying pensions. Leftist President Gabriel Boric proposed eliminating the private system in favor of...