Comments on: Kirchner Foams Over Pension Fund Investment

By: Pension Calculator

Pension Calculator — Sun, 02 Oct 2011 17:46:30 +0000

[...] allowed are Tax, National Insurance, and 50% of any pension contributions.Powered by Yahoo! AnswersMaria asks…Why did Retirement pension tax With-holding change?I do not work so I do not have earne…v class=”dtm-content”>Why did Retirement pension tax With-holding change?I do not work so I do not [...]

By: marisa

marisa — Sat, 31 Jul 2010 23:36:26 +0000

The private pension funds were good business for the banks and Clarin (because they were partners in one of the funds) but bad business for the pensioners. The private pension funds bought stock at inflated prices (they bought Clarin stock for $36 to see soon after it drop to $6) and paid huge commissions to the AFJPs (private pension funds). The AFJP’s funds were dwindling and they couldn’t pay the pensioners so the Argentine gov’t had to bail them out continuously. Watch out from where you get your news and information (ie Clarin media group, which includes a monoply on most television, cable and radio stations, newspapers, magazines and they even own the the only newsprint industry here in Argentina). Clarin hates this government and resorts to lies and rumours to discredit them. Read their headlines for the past year!
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By: taos

taos — Wed, 19 Nov 2008 02:32:53 +0000

Hey AD and Guillermo,

Thank you both so much for your generous comments. I appreciate them very much.

Take care and best wishes,
Taos

By: Guillermo

Guillermo — Tue, 18 Nov 2008 14:08:22 +0000

As you can see, this country always goes backward! Retirement funds back to the govmn’t, rabies and tuberculosis cases and Maradona in the national team!

If we are lucky enough we can go back to the 1500 and start all over again…!

Great blog!

By: AD

AD — Tue, 18 Nov 2008 04:14:51 +0000

Great blog about Argentina’s every day news. Love the balance between bad news and the good ones, the latter being quite hard to find!

Excellent job!