On October 27, the Deputies' Constitution Committee approved the idea of legislating a bill for a second withdrawal of 10% of pension funds. The initiative includes a controversial proposal: the withdrawal of "the #accumulated funds " of #pensioners under the annuity regime (RV), notes Nathan Pincheira, chief economist at FYNSA, in a commentary on the initiative. This is especially risky, he notes. "In VRs, there is no individual fund susceptible to withdrawal. In an annuity, the member ceases to have ownership of his or her funds, which become part of the assets of the insurance company (CSV). By allowing a #withdrawal""of or advancing payments of life annuities, the principle of intangibility and property rights are altered, according to the CMF", says Pincheira, who highlights that, according to the #BancoCentral, "the two proposed motions unilaterally alter the contracts between affiliates and CSV, affecting the intangibility of the contracts and the right to property, generating risks of lawsuits against the State. The country would be affected by an increase in legal uncertainty and reputational deterioration".

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