• Contact
  • Legal Pages
    • Privacy Policy
    • Terms of Use
    • DMCA
    • Cookie Privacy Policy
    • California Consumer Privacy Act (CCPA)
No Result
View All Result
Monday, December 22, 2025
The American News
ADVERTISEMENT
No Result
View All Result
The American News
No Result
View All Result

Dictatorship in Nicaragua eliminates priests’ retirement fund

by theamericannews
August 28, 2024
in Nicaragua
0
Dictatorship in Nicaragua eliminates priests’ retirement fund
300
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter
ADVERTISEMENT

Lima Newsroom, Aug 28, 2024 / 16:23 pm

The Ortega dictatorship in Nicaragua has eliminated and confiscated a retirement fund for aging Catholic priests, which it had previously frozen a year ago, in yet another move to undermine the Catholic Church in the Central American country.

According to the Nicaraguan newspaper La Prensa, the Insurance Fund for Priests Association is one of the 1,500 nongovernmental organizations whose legal status was canceled by the dictatorship on Aug. 19. The legal personhood of this association, the newspaper reported, had been approved by the National Assembly in 2005.

According to a source quoted by La Prensa, with this measure Catholic priests will no longer have the benefits of the insurance fund they paid into annually.

“In my case, I paid $300 annually for many years and since last year I have not paid due to the account being frozen, but the theft is already in effect, which in the end was stolen from the parishioners, who generously help us,” the source said.

What is the Priests’ Insurance Fund in Nicaragua?

In July 2023, lawyer and researcher Martha Patricia Molina, author of “Nicaragua: A Persecuted Church?” — which in its fifth installment this August cites 870 attacks by the dictatorship against the Catholic Church since 2018 — reported that the regime had frozen the money in the retirement fund.

“The national priestly insurance fund is an institution that was created more than 20 years ago by the CEN [Nicaraguan Bishops’ Conference] with the idea of ​​a retirement fund for priests,” Molina explained.

“It’s not really insurance, because it doesn’t cover health issues or other social security issues. It’s designed as a retirement fund,” Molina said.

The fund receives $150 a year from active priests, parishes, and ecclesiastical institutions in addition to what is collected in the Ash Wednesday collection at the beginning of Lent. 

From this fund, a pension of $300 is allocated for priests 75 years of age or older and $150 for priests ages 65–74. 

This story was first published by ACI Prensa, CNA’s Spanish-language news partner. It has been translated and adapted by CNA.

Walter Sánchez Silva

Walter Sánchez Silva is a senior writer for ACI Prensa (https://www.aciprensa.com). With more than 15 years of experience, he has reported from important ecclesial events in Europe, Asia and Latin America during the pontificates of Benedict XVI and Pope Francis.
E-mail: [email protected]

Source link : http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=66cfa096a9924eac9fbe6b8cb27dd42b&url=https%3A%2F%2Fwww.catholicnewsagency.com%2Fnews%2F258973%2Fdictatorship-in-nicaragua-eliminates-priests-retirement-fund&c=465596285286194003&mkt=en-us

Author :

Publish date : 2024-08-28 05:23:00

Copyright for syndicated content belongs to the linked Source.

Tags: AmericaNicaragua
ADVERTISEMENT
Previous Post

El Salvador sees daily disappearances despite homicide-free claim

Next Post

Mexico’s central bank cuts 2024 GDP forecast to 1.5%

Next Post

Mexico's central bank cuts 2024 GDP forecast to 1.5%

Trump Stands Firm on $40 Billion Argentina Bailout: A Step Forward or “America Last”?
Argentina

Trump Stands Firm on $40 Billion Argentina Bailout: A Step Forward or “America Last”?

by Olivia Williams
December 22, 2025
0

President Trump is igniting a firestorm of debate among Democrats with his audacious choice to ramp up the bailout for...

Read more
US Military Strengthens Presence with New Air Base Access in South America!

US Military Strengthens Presence with New Air Base Access in South America!

December 22, 2025
Democratic Lawmakers Take a Stand in El Salvador for Wrongly Deported Abrego Garcia

Democratic Lawmakers Take a Stand in El Salvador for Wrongly Deported Abrego Garcia

December 22, 2025
El Salvador’s Strongman: A Crucial Ally in Trump’s Deportation Tactics

El Salvador’s Strongman: A Crucial Ally in Trump’s Deportation Tactics

December 22, 2025
Local Fishermen in French Guiana Sound the Alarm: Foreign Boats Threaten Their Livelihoods

Local Fishermen in French Guiana Sound the Alarm: Foreign Boats Threaten Their Livelihoods

December 22, 2025
Denmark’s Foreign Minister: Trump’s Envoy to Greenland Highlights Ongoing U.S. Fascination with the Arctic Treasure

Denmark’s Foreign Minister: Trump’s Envoy to Greenland Highlights Ongoing U.S. Fascination with the Arctic Treasure

December 22, 2025
Uncover the Caribbean’s Best-Kept Secret: Breathtaking Beaches and Awe-Inspiring Volcanic Craters Await!

Uncover the Caribbean’s Best-Kept Secret: Breathtaking Beaches and Awe-Inspiring Volcanic Craters Await!

December 22, 2025
From Thrills to Tears: The Unfolding Story of the Guadalupe River’s Future

From Thrills to Tears: The Unfolding Story of the Guadalupe River’s Future

December 22, 2025
Inside the Turmoil: Exploring Guatemala’s 2023 Election Crisis

Inside the Turmoil: Exploring Guatemala’s 2023 Election Crisis

December 22, 2025
Gold and Oil: The Clash for Dominance in Guyana’s Rich Resources

Gold and Oil: The Clash for Dominance in Guyana’s Rich Resources

December 22, 2025

Categories

Archives

December 2025
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031  
« Nov    
  • Blog
  • California Consumer Privacy Act (CCPA)
  • Contact
  • Cookie Privacy Policy
  • DMCA
  • Privacy Policy
  • Terms of Use
  • The American News

© 2024

No Result
View All Result
  • Blog
  • California Consumer Privacy Act (CCPA)
  • Contact
  • Cookie Privacy Policy
  • DMCA
  • Privacy Policy
  • Terms of Use
  • The American News

© 2024

Go to mobile version

1 - 2 - 3 - 4 - 5 - 6 - 7 - 8 * . *