Regulations will allow a group of affiliates to set a pension savings goal and withdraw the excess from it if they wish.
In the month of January the Law no. 31670, that allows a new withdrawal of contributions from the AFP to a group of affiliates who set a savings goal during their contribution period. Once this figure is reached, they will be able to have the surplus. As part of the procedure, in these cases, the Executive It has a period of 90 days to prepare the regulations. What is known so far?
This “new form of retirement” is non-mandatory, so that contributors who wish to continue contributing may do so without major mishaps. Currently, there is the possibility of withdrawing 95.5% of the fund balance, and the remaining percentage (4.5%) goes to EsSalud. However, by making this option effective, the affiliate is exempt from collecting a pension.
What is the law that authorizes the withdrawal of minimum pensions?
Law No. 31670, consists of providing affiliates with a new form of retirement, in which they will be allowed to establish a pension savings goal for the administration of their individual capitalization account (CIC) and be able to withdraw the surplus for their freely available, once you reach retirement age. According to the Association of Pension Fund Administrators (AAFP), upon reaching the age of 65, the affiliated person will have enough money to receive a minimum pension, but they could also have a surplus that, at that age, will be freely available. .
It should be noted that the minimum pension will be decided by the contributor and may not be less than the basic consumer basket (CBC), which is located at S/378.
What is the link for the withdrawal of minimum pensions?
Since the law was published on January 13 in the official newspaper El Peruano. The Executive Branch has a period of no more than 90 calendar days to have the regulations ready, a date that would be fulfilled on Thursday, April 13. This regulation must give the AFPs a period of time to adapt and put the rule into practice. At the moment, there is no link to find out if you are a beneficiary. However, said regulation would detail the process to follow in the event that the affiliated person has the possibility of withdrawing this surplus.
Source: Larepublica
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