# Paraguai teachers strike for pension fund protection

> Paraguai teachers strike after Ueno Bank collapse to protect $60m pension funds.
- Title: Paraguai teachers strike for pension fund protection · G1
- Summary: Paraguai teachers strike after Ueno Bank collapse to protect $60m pension funds.
- Keywords: paraguai, teachers, pension funds, ueno bank, santiago pena, banc central, guarani currency, bank collapse
- Source: G1 — https://g1.globo.com/mundo/noticia/2026/11/09/professores-entram-em-greve-no-paraguai-para-cobrar-protecao-a-fundo-de-pensao-apos-quebra-de-banco.ghtml
- Published: 2026-11-09T21:31:34.363+00:00
- Read time: 1 min
- Topics: paraguai, teachers, pension funds, ueno bank, santiago pena, banc central, guarani currency, bank collapse, news
## Teachers strike in Paraguay
Teachers in Paraguay began a strike on Monday to demand protection for $60 million pension funds after the Ueno Bank collapsed.

> Queremos que a devolução desse dinheiro seja uma prioridade
## Ueno Bank collapse impact
Over 3 million people lost access to bank accounts after the government intervened in the Ueno Bank.
## Santiago Peña's legal troubles
Former president Santiago Peña faces investigation for corruption and mismanagement of public funds related to the Ueno Bank.
## Pension fund overage
Paraguayan government pension funds deposited $355 million in the Ueno Bank, exceeding legal limits.
## Bank central response
The Paraguayan central bank began returning deposits to customers, with over 1.2 million recipients receiving partial or full refunds.
## Currency devaluation
The Paraguayan guarani lost 8% of its value against the dollar since the Ueno Bank intervention.
## Current situation
The crisis has triggered protests and police clashes, raising concerns about financial stability in Paraguay.
## Key takeaway

Paraguai teachers strike to secure $60m pension funds following Ueno Bank collapse.