American Expatriate Costa Rica

Magistrates say they will not intervene in pension reform

On Wednesday, the Supreme Court said the Legislature will not intervene in the discussion of pension reform of the Judiciary branch.

Zarela Villanueva, president of the Court, explained this was the main issue she and the magistrates addressed at a lunch held with legislator Antonio Álvarez and the heads of parliamentary factions.

The important thing here was the willingness to build bridges of dialogue and say that we absolutely respect the power of the Legislative Assembly,”

said Villanueva.

The woman added that the interest of the country and the people is above any personal interest.

Álvarez, on the other hand, said the meeting was positive and that the criteria of the judges and the concerns of the legislators were heard the concerns. They also discussed the urgent need for the actuarial study prepared by the University of Costa Rica (UCR).

The legislator explained that no specific items on the bill were addressed to reform pensions, but that the initiative will ensure sustainability and equity.

The Court agreed the on October 31st to leave the changes to the pension scheme of the Judiciary in the hands of lawmakers, after receiving strong criticism from different sectors.

A special congressional commission discusses a bill that seeks to set a cap on luxury pensions, to modify the calculation of the pension and the retirement age, among other reforms.

crhoy.com