Jorge Bravo: "To say that in individual accounts pensions would be greater or lesser would be speculative"

The working group report on Social Security reform proposes the transition of public and private sector workers to a virtual individual accounts system, where pension levels depend on contributions made throughout working life. Jorge Bravo, involved in the process, warned that speculating about whether pensions would be higher or lower in this model would be premature, since the contribution rate is still being studied.

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