Bolivian Government Remains Open to Dialogue with Retirees

La Paz, May 18 (Prensa Latina) The Bolivian government reiterated its willingness to dialogue with retirees who request an increase in their pensions.

In statements to the press, Deputy Minister of Pensions, Mario Guillén said he expects the sector to raise its pressure measures, including demonstrations.

The official explained that the Executive has made great efforts to achieve substantial balancing in the payment of benefits.

According to official data, the mobilized receive benefits of more than 700 boliviar (100 dollars) and demand increases greater than 5.6 percent.

For those who earn less, there will be increases of 150 to 200 percent.

According to the new Pension Law, the newly created Solidarity Fund will benefit 14,000 representatives of the sector, historically marginalized.

In this regard, the Minister of Economy and Public Finance, Luis Arce, said that 56 percent of retirees in the Andean nation will be favored due to a rise of 7.18 percent in their allocation, which is in correspondence with prices.

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