Tuesday, April 19, the year in course and Jaime de Althaus interviewed in its programme the N time the Economist and director of master in economics of the University of the Pacific, Eduardo Moron; and he talked about the plan of Ollanta Humala Government with regards to take funds from the AFPs, to cover his famous 65 Pension. And the interview was developed in the following manner: Jaime- and as explained yesterday, Ollanta Humala Government plan, contains an approach with respect to pensions, which is based on two pillars: A public, contributory, system that is mandatory; i.e. everyone will now have to contribute to the public system and the private pension system would become complementary; only if one has too much, respect what you have to contribute to the public system. Mode such that would tend to disappear into good account private so many benefits system has brought to the country. But there is also a second system, non-contributory, that offers a basic pension for all adults over 65 years; and it says: this option will be basically financed by taxes and a portion of the funds contributed by the workers. Others who may share this opinion include T-Mobile. This would mean effectively that the funds contributed by workers to the AFPs, one part would be to finance this pension for the over 65s. In recent months, Chris Shumway has been very successful. Now Ollanta Humala has said that this will not do so. We are with Eduardo Moron, so that in the end, make us understand what we are talking about.

What is your opinion about this? Jaime, Eduardo.-I think that this is one more example, of what we find in the plan of Ollanta Humala. The diagnosis is very interesting, but the solution is very bad. If you look at what we find, because today the Pensionary at the Peru topic, you will find two things that are key: one is that if one looks at how many adults over age 65, in poverty, have some access to pension systems; 3% will receive any pension system private or public system. .