[JURIST] The Congress of Peru [official website, in Spanish] on Wednesday approved a bill that would reform the country's private pension system. The bill, which will increase the number of workers while lowering the fees for contributors, was passed with a 11-10 vote [Reuters report; text, PDF, in Spanish] with one abstention. Peru's current four private pension funds, which amounts to $30 billion in deposits representing 20 percent of the country's GDP, has been criticized for including only about 30...

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