According to press reports, the president of Uruguay, Luis Lacalle Pou, would have given in to the claims of the Cabildo Abierto (CA) party, which until now prevented the Executive’s initiative from being voted on in the commission of deputies.

Lacalle Pou agreed that the best 20 years be taken to estimate the basic retirement salary instead of the 25 years established by the current proposal. He was also willing to break down the chapter referring to foreign investments by companies that manage pension funds, another demand from CA deputies.

This would leave the field open for the vote in the special commission of deputies, but another coalition partner, the Colorado Party, now demands that the government explain the magnitude of the changes adopted at the last minute and also demonstrate the sustainability of the proposal.

The government insists on voting on the pension reform and seeks to implement it this year, despite the opposition in the Broad Front Parliament and in the streets of the PIT-CNT union center.

According to the workers’ representatives, the reform stipulates that employees work longer for fewer benefits.

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