Before 1 July 2020, will the Chilean government pass legislation nationalizing private pension fund assets?
Amid large-scale economic protests, calls for the reform of Chile’s pension system have grown (Reuters, IPE, Economist, Economist Intelligence Unit, Financial Times). Examples of nationalization include, but are not limited to, the enactment of legislation compelling the divestiture or transfer of privately held pension funds to a public entity or the state, or a constitutional amendment to the same effect. The date or dates of actual asset nationalization would be immaterial.
Please note that this question is a companion to Question #1412, which closes in 2021 (Question #1412). We will be analyzing the differences between forecasts with the different closing dates.