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The group is cited to settle the less complex issues, but the taxes, the suppression of the advance on life annuities and the fixing of a lock on new withdrawals would remain for the session next Monday.

The mixed commission in charge of seeking an agreement between senators and deputies regarding the fourth withdrawal of funds from the AFPs will meet this Wednesday, between 3:00 p.m. and 4:00 p.m. to begin clearing the 18 proposed indications to agree on the text that must be finally resolved by both rooms.

The indications are grouped into aspects where there is agreement, such as the improvement of the rules on maintenance pensions, untying the reform of the state of emergency and payment in two installments. But more complex issues such as taxation of bailouts, abolishing the advance on annuities and setting a lock on new withdrawals would be left for a new session next Monday.

The president of the joint committee, Senator Pedro Araya (independent), explained that the observations of the less complex issues will be submitted to debate and vote. And if there is time left, they will enter the articles where there are the greatest differences.

It should be noted that It may be the case that the mixed commission by majority approves a certain text, but if the chambers reject it, there is no rule. And since the report of the mixed commission is voted as a “closed package”, for it to become law it needs 26 favorable votes in the Senate and 93 in the Chamber of Deputies.

So far, of the 18 observations there is no new proposal regarding taxing the high incomes they withdraw, so that measure may not be insisted upon. Where there is a difference is with respect to the second advance of annuities, where the senator of RN, Rodrigo Galilea, presented an indication to delete it.

The deputy Karol Cariola (PC) presented an amendment on this point so that the advance to annuity pensioners is not charged to the funds of their individual capitalization accounts, but rather to the technical reserve that the pensioner maintains in the respective insurance company to cover the payment of their pensions, with a maximum limit of 150 UF.

Among the indications presented is that of the senator José Durana (UDI), who proposes that the amount withdrawn can be transferred to a bank account, an APV or used for a home purchase.

The indication also indicates that the transfer of pension funds from the AFP to a bank will not be taxable, “or when they are destined to the purchase of the contributor’s home or are destined to alleviate the effects of a terminal illness.”

The senador Araya He also presented various indications on regulatory adjustments and form of payment. In the latter he points out that People who withdraw an amount equal to or less than 35 UF will receive the payment in a single installment, within 30 calendar days from the presentation of the request.

People who withdraw a sum greater than 36 UF and equal to or less than 150 UF, will receive payment in two installments: the first within a period of 30 calendar days from the presentation of the application, and the second within a period of 60 days run. The amount of the first installment will be equivalent to 50% of the withdrawal. However, this first installment may not be less than 35 UF. The second installment will correspond to the remaining 50% or the balance that remains to be paid.

Applications may be submitted the day after the publication of the law in the Official Gazette.



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