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Are Pensions Property?
Then this is the correct forum. Read this post from today's BA Herald. Poor Bastard.
[quote=Buenos Aires Herald]PENSION PROMISES BROKEN.
I am a former beneficiary of one of the AFJPs (private pension funds) that the government closed with the flourish of a pen and the acquiescence of Congress a little over a month ago, pocketing my retirement savings and those of millions of other Argentines with the promise that we will "earn more under the state system."
Earlier this month, the government announced that pensioners would receive a one-off 200-peso special bonus "before Christmas," which was paid December 18. And then it was announced on radio and TV that December salaries and aguinaldos (year-end bonuses) would be paid by December 23. When on that day I went to the bank in Barracas where I had always collected my aguinaldo year-end bonus and December benefit before Christmas under the private system, I was told that there was no money for me. I was told to go to the ANSeS office at Paseo Colón and Calle México for information on the matter. There, after spending more than hour in a queue, I was told to return on January 5 to find out when I will be paid my December aguinaldo and salary.
So it was that I had to spend Christmas having to pinch every centavo, and will have to do the same for New Year. (I earn a minimum pension because when I was a state railway worker, the government paid most of my salary off the books and the pension was calculated on what was left. The basic salary)
This is shoddy treatment for citizens who worked all their lives, made their pension contributions and deserve more consideration. It is an example of the classic "come back tomorrow" meted out by public "servants" to taxpayers in most government offices. And the prospect of having to endure it for the rest of one's life is doubtless one of the reasons that nine million Argentines who are still working chose to remain within the private system when they were given the chance to opt between public and private management of their pensions last year. Is such treatment perhaps a "vengeance" for having preferred a private pension fund?
Jorge Bernabé Bordón[/quote]
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Sounds like America, circa 2016.
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[QUOTE=Hunt99]Sounds like America, circa 2016.[/QUOTE]You've been hurt, haven't you?
