Skip to content Open toolbar Accessibility Tools Accessibility Tools * Increase TextIncrease Text * Decrease TextDecrease Text * GrayscaleGrayscale * High ContrastHigh Contrast * Negative ContrastNegative Contrast * Light BackgroundLight Background * Links UnderlineLinks Underline * Readable FontReadable Font * Reset Reset Skip to content Fast Check 🔍 ![\\"\\"](\\" Fastcheck-2024-white-1024x341.png\\") __ CHECKS * Us * Equipment * History * Method * Financing * Contact * Membership * Newsletter * WhatsApp * Fact-checking * Current events * Explanatory * Interview * Research and data * Reports Menu * Us * Equipment * History * Method * Financing * Contact * Membership * Newsletter * WhatsApp * Fact-checking * Current events * Explanatory * Interview * Research and data * Reports ![\\"Logo](\\" without-slogan-768x256.png\\"/) Search Search Close this search box. * Us * History * Equipment * Financing * Rating System * Method * Contact * Current events * Checkups * Us * History * Equipment * Financing * Rating System * Method * Contact * Current events * Checkups ![\\"\\"](\\" Fastcheck-2024-1024x341.jpg\\") __ Subscribe to the newsletter # (Sebastián Piñera) “4 million Chileans will be left with zero savings forecast”: #Real * Post author:Fast Check CL * Post published: 11/13/2020 ![\\"You](\\" Camila-3-72.png\\") Share: Copy LinkWhatsAppTwitterTelegramFacebookShare The same day that the Chamber of Deputies approved the bill of second pension withdrawal, the President of the Republic criticized the proposal emphasizing that 4 million people would be left without savings in their pension funds. Fast Check CL verified that information and it is real. By Camila González Harnau On Tuesday, November 10, the Chamber of Deputies voted on the bill proposing a second withdrawal of 10% from pension funds as an exception due to the Covid-19 pandemic. If you want to know the project in detail, you can read the Fast Check note CL “Second withdrawal of 10% of pensions”, published on November 9. > Second withdrawal of 10% of pensions The initiative that was approved in general with 130 votes in favor, 18 against and 2 abstentions, it passed to the Senate, where today it will be discussed in the Constitution Commission. ## Reactions to the second 10% That same Tuesday, after the second withdrawal of funds was approved in the House, President Sebastián Piñera was consulted on the subject in a guideline, in That opportunity the president pointed out “4 million Chileans are going to be left with “zero provisional savings.” ![\\"\\"](\\" Pensions.png\\")CNN Instagram Fast Check CL decided to verify the authority's phrase, and after a review press we corroborated that other authorities had also stated that Nearly 4 million Chileans will be left without funds, as a result of withdrawals of pension funds. Meanwhile, the General Manager of the AFP Association, Fernando Larraín stated that “as actors in the system it is also our responsibility warn that the cost of a second withdrawal is higher for both the 4 million of people who will eventually run out of future savings, as well as for women and workers with salaries less than $1 million who will see their pensions even more diminished, affecting their future savings.” ## The people who are going to be left without funds After consulting the presidency and reviewing the information from the Superintendency of Pensions (SP), we find the document “Second withdrawal of pension funds mandatory pensions”, dated October 6, 2020. In the SP document, which consists of 39 pages, you can read a section which mentions the possible effects of a second withdrawal. It is highlighted that with the Withdrawal of funds that was approved in July, 1.9 million citizens were left no balance. To the previous figure, it must be added that 2.3 million Chileans could withdraw your entire balance for this occasion. In total there would be 4.2 million of people who would end up without a balance, which represents 34% of the universe of people who could withdraw,” the document states. In conclusion, the phrase said by President Sebastián Piñera is real, since which according to official figures from the Superintendency of Pensions 2.3 millions of members could be left without a balance just on this occasion, increasing to 4.2 million the total number of people who would end up with $0 in their funds by withdrawing all of your savings. All content published by Fast Check CL is the property of Tlön Comunicaciones SpA and cannot be reproduced without express authorization. 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4 MILLIONS OF CHILEANS VAN A QUEDAR CONCERO AHORRO PREVISIONAL