CHILEAN PRESIDENT ANNOUNCES REFORM OF PENSION SYSTEM

RIO DE JANEIRO, BRAZIL - Chilean President Sebastián Piñera announced that he will send Congress a bill with changes to the Pension system, which will benefit more than one million citizens, particularly women, the middle class and the severely dependent elderly. The announcement was made on Wednesday, January 15th, in a speech on national radio […] The post Chilean President Announces Reform of Pension System appeared first on The Rio T...

TheRioTimes.com (Date:01/17/2020 09:25) Read full article >>

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Wednesday: Wednesday is the day of the week between Tuesday and Thursday. According to international standard ISO 8601 adopted in most western countries it is the third day of the week. In countries that use the Sunday-first convention Wednesday is defined as the fourth day of the week. It is the fourth day o
Times: Multiplication is the mathematical operation of scaling one number by another. It is one of the four basic operations in elementary arithmetic .
Congress: A congress is a formal meeting of the representatives of different nations, constituent states, independent organizations , or groups.
January: January is the first month of the year in the Julian and Gregorian calendars and one of seven months with the length of 31 days. The first day of the month is known as New Year's Day. It is, on average, the coldest month of the year within most of the Northern Hemisphere and the warmest month of t
Reform: Reform means the improvement or amendment of what is wrong, corrupt, unsatisfactory, etc. The use of the word in this way emerges in the late 1700s and is believed to originate from Christopher Wyvills Association movement which identified Parliamentary Reform as its primary aim.
Pension: A pension is a contract for a fixed sum to be paid regularly to a person, typically following retirement from service. Pensions should not be confused with severance pay the former is paid in regular installments, while the latter is paid in one lump sum.