Economics

Chile Pension Furor Grows Over Third Round of Withdrawals

  • Lower house to give final go-ahead to bill as soon as Friday
  • Pinera is challenging the measure before Constitutional Court
People pass in front of an AFP (pension fund manager) office in Santiago, Chile
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Chile’s senate on Thursday approved legislation allowing early pension fund withdrawals, just days after President Sebastian Pinera challenged the bill’s legality in the Constitutional Court.