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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 .
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 ...
It was founded in 1981 under the eaves of Decree Law 3.500 in Chile launched a modern private pension system with the growing 59 branches nationwide, [1] ...
Chile signed the Convention on the Rights of Persons with Disability in 2007 and ratified it in 2008. [22] Law N. 20.255 was passed in 2008 and replaces the Assistane Pension Program (Pensiones Asisteniales PASIS) with the Basic Solidarity Pension of Invalidity (Pensión Básica Solidaria de Invalidez PBSI). [16]
Despite frequent earthquakes in Chile, Gran Torre Santiago, the tallest building in South America is located in Santiago, the capital of Chile. The building is 300 m (980 ft) high, with 62 floors above ground and 6 floors underground. The height of each floor is 4.1 m (13 ft) and the building area is 107.125 m 2 (1,153.08 sq ft). [23]
The map in the submission included the disputed territories with the United Kingdom, such as the Falkland Islands, South Georgia, and South Sandwich Islands, a crescent-shaped area south of Argentina's territorial sea as defined in the 1984 treaty with Chile. [5] This area was also claimed by Chile as part of its presential sea, [6] and the sea ...
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Lota is a city and commune located in the center of Chile on the Gulf of Arauco (in Spanish), in the southern Concepción Province of the Biobío Region, 39 kilometres (24 mi) south of Concepción, and is one of the ten cities (communes) that constitutes the Concepción metropolitan area.