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Pension Fund

January 19th, 2006 at 02:41 pm

by law, in ES, a percentage of your salary goes to an AFP (Pension Fund Administrator) to be invested. The law has recently changed and, as part of their customer service, the AFP to which I'm affiliated has come to our offices today to update account statements, affiliate new members, AND, give you information/explain about the changes in the law and the impact to, as soon as I get some documents that I need to have signed by someone downstairs, I'm dropping by the conference room to ask questions!!

went down and they don't have much info, only that 1. foreigners can now take their money out when they leave the country and 2. the percentage of the money they get that goes to savings is now 10.3% instead of 10%...
This is not enough information, so I need to check the SSF's site for a full document...

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