Schalper rechaza nuevo retiro de AFP que evalúa el PDG por desempleo
RN and Republicans criticize the People's Party's proposal to allow the long-term unemployed to access their pension savings.
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Chronology
Tuesday, October 13, 2026
Minister Rau rejects new pension fund withdrawal for unemployed people
The labor minister said pension withdrawals fueled inflation and weakened the funds, and defended existing employment subsidies.
PDG considers new 10% withdrawal from pension funds as government rejects it
Minister Tomás Rau said pension withdrawals caused inflation and depleted pension funds, and called for discussion of measures to create jobs.
Thursday, October 15, 2026
PDG considers pension fund withdrawals for the long-term unemployed
An internal report estimates that some 215 thousand people could borrow from their own savings, totaling US$410 million, and the government rejects the proposal.
Deputy Pinilla (DC) sees a new 10% withdrawal from pension funds as viable
The idea of using pension savings to address unemployment is gaining support in the Chamber, while Labor Minister Tomás Rau rejects it.
PDG deputies propose three ways to withdraw AFP funds due to unemployment
The idea of a fourth pension withdrawal for unemployed people divides Congress, while the government favors creating jobs and providing direct aid.
Schalper rejects new pension fund withdrawal PDG is considering over unemployment
RN and Republicans criticize the People's Party's proposal to allow the long-term unemployed to access their pension savings.
Deputy Jaime Araya (PPD) open to voting for another withdrawal from AFP pension funds
With unemployment at 9.6%, the People's Party proposal is gaining support beyond its caucus, but Republicans warn of harm to future pensions.
Friday, October 16, 2026
Deputy Jaime Araya pushes for investigative committee into pension fund administrators’ swap losses
The independent lawmaker affiliated with the PPD accuses pension fund administrators of continuing to bet on falling U.S. interest rates despite warnings and calls for an investigation into responsibility.
Interest rate swaps: how the derivatives that sank AFP pension fund E work
Interest rate swap contracts account for much of the most conservative fund’s 10.39% loss, and the business association is calling for regulatory changes.
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