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The Chile pension system (Spanish: Sistema Previsional) refers to old-age, disability and survivor pensions for workers in Chile. The pension system was changed by José Piñera , during Augusto Pinochet 's dictatorship , on November 4, 1980 from a PAYGO -system to a fully funded capitalization system run by private sector pension funds .
Administradora de Fondos de Pensiones Provida S.A. ... It was founded in 1981 under the eaves of Decree Law 3.500 in Chile launched a modern private pension system ...
The Pension Reserve Fund (PRF) of Chile is a sovereign wealth fund established on 28 December 2006 with an initial contribution of $604.5 million. [1] It was established in response to Chile’s new demographic scenario characterised by an increase in life expectancy and the growth of senior citizen population, adding on yet another challenge for the government in terms of greater future ...
The summer months are usually dry and hot. The Cordillera de la Costa acts as a climate screen and reduces marine influence, which makes the climate more continental. This situation becomes apparent when comparing precipitation from a coastal location such as Valparaíso (460 mm) with that of Santiago de Chile (360 mm).
The governments agreed that "between the meridians 25° and 90° west longitude from Greenwich, indisputable sovereign rights are recognized by Chile and Argentina," [21] stating that "Chile and Argentina have unquestionable rights of sovereignty in the polar area called American Antarctica" (Antártida Americana in Spanish).
Laguna Miscanti is a brackish water lake located in the altiplano of the Antofagasta Region in northern Chile. Cerro Miñiques volcano and Cerro Miscanti tower over this lake. . This 13.5 square kilometres (5.2 sq mi) large heart-shaped lake has a deep blue colour and developed in a basin formed by a f
Elon Musk speaks with President-elect Donald Trump at the launch of the sixth test flight of the SpaceX Starship rocket in Brownsville, Texas, on November 19.
Plaza de Armas. The Plaza de Armas is the main square of Santiago, the capital of Chile. Plaza de Armas metro station is located under the square. Surrounding the square are some historic buildings, including the Metropolitan Cathedral of Santiago, Central Post Office Building, Palacio de la Real Audiencia de Santiago, and the building that serves as the seat of local government for Santiago ...