Petro had pointed this out earlier “Two serious mistakes As far as pension reform is concerned, former president Uribe has: to think that with the contributions paid by members we will be spending government expenditure other than paying pensions to members and to think that in 40 years we will be perpetuating an unproductive economy. The critics of the reform always say that because the population will age in a few decades, the pension debt will explode. It’s not true. He demographic change It is mitigated by increasing productivity and getting more contributors for overcoming poverty. In other words, the pension system we are proposing will be sustainable in the coming decades as the Colombian economic model changes to a more equitable and productive one.”
Last Monday, the Ministry of work stressed the OECD’s support for the government’s labor and pension reform projects.
This after Mexico, the United States, Canada, Spain and France the government’s work in the Employment Commission, Labor and Social Affairs, Elsac, of the Organization for Economic Co-operation and Development, OECD.
Source: El Heraldo
Emma Fitzgerald is an accomplished political journalist and author at The Nation View. With a background in political science and international relations, she has a deep understanding of the political landscape and the forces that shape it.
