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Pension reform supported in El Salvador

But it is now generating controversy between those who support it and those who argue that it is “a fraud” on the working class.

The day before, sectors continued to participate in the debate, including a statement from the Archbishop of San Salvador, José Luis Escobar Alas, who indicated that the idea was a step forward, mainly because it represented a benefit for workers by increasing minimum wages up to 30 percent.

However, in unclear language, the prelate said the increase to $400, while beneficial, does not cover “it doesn’t seem like it, but now it’s 210, so there’s a benefit,” he claimed.

Escobar urged his faithful and compatriots to study the proposal closely and that workers affected by all previous reforms play a leading role in reaping the maximum benefit so that by the time the reform is completed they can have a decent satisfaction in their retirement.

The progress in this initiative is evident, we have never had a transformation in this way, the religious assured.

The head of the Catholic Church here positively evaluated some of the measures announced with the change in the salary savings system, which began its investigation in the Legislative Assembly on the basis of the proposals put forward by the government.

A few days ago, Cardinal Gregorio Rosa Chávez declared that the issue of pensions was “extremely complex” and recalled that many past proposals had failed.

The prelate, a figure of great influence in a predominantly Catholic country, stressed that “there are always temptations to offer simple solutions”, for which he called for a “deep debate of all citizens”, not only to know the government’s proposals.

To give more meaning to the matter, Rosa explained that it is a matter of “life or death, people are thinking about their retirement because they cannot live with dignity”. It is a fundamental problem, he noted, calling for a free debate on the issue.

Apparently the debate will get complicated and each party will try to argue positions and blame the other for the crisis in the sector.

According to economists, the advanced changes will bring nothing new and their approval a year before the elections will only serve to underpin the likely victory and re-election of Bukele at the helm of the country for another period.

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