The unemployment insurance reform will grant larger access and better compensation for the jobless, even when they resign. Currently, 3.5 million Chileans contribute to the solidarity fund but only 3% enjoyed it. The new measure is part of a program to improve social protection, established by the government. (Ref. 080630)
The bill submitted to Parliament plans better unemployment insurance coverage and facilitates access to compensation for unemployed Chilean workers. The protection system, called “seguro de cesantía”, has been available since 2002 and is mandatory for workers employed permanently since that year.
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