Chile Enacts Law For Bonuses
To Poor Families
SANTIAGO - Chilean President Sebastian
Piñera on Thursday signed into law a bill
that distributes bonuses to poor families in
the country.
The measure, which is the first law issued
under Piñera's administration, will benefit
more than 2 million low-income families and
will cost some 320 million U.S. dollars.
Piñera said the bonus is a "fair, necessary
and effective" benefit, because many
families were affected by the earthquake on
Feb. 27.
The bonus will be distributed by the
BancoEstado Bank to those with an account in
it, while those who do not have an account
will have to submit their ID to bank
branches on the day they receive their
bonuses.
The bonus is one of the electoral campaign
promises of Piñera. |
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