Venezuela Expands Scope of
Social Security
CARACAS - About 100 thousand Venezuelans
will benefit from a decree to grant old-age
pension to those with the required age
without the 750 contributions demanded,
parliamentary sources reported.
Rafael Rios, president of the Social
Development committee of the National
Assembly informed that this figure will be
added to the 1472 000 people who currently
receive their retirement.
In statements to Venezolana de Television,
Rios also stressed the benefit of special
old-age pensions decreed by President Hugo
Chavez to fishermen and farmers, who were
not included.
In this regard, he qualified the measure as
an act of vindication of disadvantaged
groups from the viewpoint of social
security.
He recalled that recently it was determined
that those receiving survivors' pensions of
retirees may charge a sum equivalent to the
minimum wage, instead of a percent as it was
before, which will benefit other 191 000
people.
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