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Social Security Fund: Workers oppose parametric measures and demand dialogue – Nacionales

The financial deficit of the Invalidity, Old Age and Death System (IVM) of the Social Security Fund (CSS), not only worries retirees and those who are part of it, but has become a time bomb for the economy of the country itself, so measures are being sought to give the program a breath of life.

Miguel Ángel Edward, delegate of the National Council of Organized Workers (Conato) before the board of directors of CSS, he stated that it is important to start a broad dialogue as soon as possible with all stakeholders and involved so that the measures to be implemented come out.

Edward indicated that the economic sector proposes parametric measures such as increasing the retirement and contributory ageHowever, whenever there has been a crisis in the CSS, it has been the workers who have come up with the solutions, which is why he believes the time has come to look elsewhere, wondering if the population has benefited from the country’s economic growth with construction. of the Canal.



“There are other sectors here that have very strong economic power that are dedicated only to generating conditions that benefit them, not generating solutions to the problems of Panamanians,” he said.

He stressed that the position of the workers is that the wealth generated by the geographic position of the country permeates the population accordingly and that the profits from using the geographic position benefit the workers and finance part of the worker-employer shareas the increase in quotas and the retirement age will not solve the problem.

Edoardo made it clear the meeting to be held this Tuesday is not extraordinarysince the meeting days are Tuesday and Thursday.

He went on to say that this government must act and lay the foundations to solve the problem, reiterating that the table must be reactivated because the problem cannot extend beyond 2025.

He said it is important to carry out the necessary analyzes and whether what prevails is to merge the two systems, the mixed one and the solidary onethen it must be done, because the solidarity system has remained without the support of those who retire and those who enter to contribute.

He pointed out that most of the social security system all over the world they are public and supportiveensuring that many of those who went to the pension fund administration system collapsed.

He concludes by saying that workers are willing to discuss all options, but not with the burden of solution that comes again on workers with increased age and quotas, when there are other issues that can fund IVM.


“This government must make decisions in search of a solution to the problem and not transfer the problem to another government. You have to make decisions before your government ends, “Edward said.

He concluded by saying that the CSS headaches are because the political question is introduced within the institution, stressing that autonomy must be respected.

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