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Meaning of retiro programado



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retiro programado
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SCHEDULED WITHDRAWAL in Chile: method of payment of pension charged to the balance expressed in UF (Development Units) that it maintains in the AFP (Association of Pension Funds). This modality is opposed to the Annuity, which pays a monthly fee, decreasing in time, for life.

  










What is the meaning of retiro programado in the Spanish open dictionary

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