More than 8.6 million AFP affiliates would benefit from the measure that provides for the withdrawal of up to S/19,800. How would the charge be? Find out here.
Affiliates of the Pension Fund Administrators (AFP) could be benefited again with a withdrawal of their funds of up to S/19,800 or four Tax Units (UIT), which will serve to mitigate the crisis and the impact of the prices of some foods. What is the bill proposed by the Congress of the Republic and What would the delivery of a new AFP withdrawal be like? Read on for more details.
The aforementioned measure is in charge of the parliamentarian of We Can Peru Digna Streetwho, a few days ago, requested priority from the Economy Commission so that said initiative can be approved and so that it can be evaluated in plenary session of Congress, before February 17, the date on which the legislature ends.
“More than 8.6 million affiliates have been demanding the approval of the aforementioned legislative initiativesince they urgently need their money to face the economic crisis that our country is going through”, reads the letter sent by Calle Lobatón to Rosangella Barbarán, president of said working group.
Prediction that provides for the withdrawal of funds from the AFPs of up to S/19,800 has not been scheduled in the Economy Commission. / composition LR
How would the seventh retreat 2023 be delivered?
- Affiliates must submit your application remotely, virtually or in person, one time within 90 calendar days after the start of the rule’s validity.
- In the event that the affiliate desists from withdrawing the funds from his individual capitalization account, he may request it only once from the private pension fund administrator, 10 days before the respective disbursement.
- First disbursement of up to 1 UIT (S/4,950): within a maximum period of 30 calendar days, computed from the date the application was submitted to the AFP.
- Second disbursement of up to 1 UIT (S/4,950): within a maximum period of 30 calendar days, computed from the first disbursement made by the AFP.
- Third disbursement for the remainder of the Amount requested up to 2 UIT (S/9,900): within a maximum period of 30 calendar days, computed from the second disbursement made by the AFP.
It is important to specify that, if this project is approved, it would not be applicable to those who qualify to access the Early Retirement Regime due to unemployment.
He withdrawal of funds will maintain the condition of intangible. That is to say, it cannot be subject to a discount, legal or contractual compensation, embargo, withholding, or in any way affectation, be it for court order and/or administrative, regardless of the account in which they have been deposited. It also does not apply to judicial withholdings or conventional derived from alimony debts up to a maximum of 30% of the amount withdrawn.
It was not scheduled in the Economy Commission
Despite the “urgency” request, the ruling that provides for the withdrawal of funds from the AFPs of up to S/19,800 has not been scheduled in the Economy Commission, chaired by Barbaran. So it is very likely that the initiative will be discussed in the next legislature.
“It would be the worst measure”
Last Sunday, February 12, the Minister of Economy and Finance, Álex Contreras, was against an eventual approval of the withdrawal of the AFPs, which would be the seventh since 2020. In this regard, he indicated that the initiative would have a negative impact on the national economy.
“It would be the worst measure, it would not only impact affiliates, but also the country, the country’s ability to finance infrastructure, Peru’s internal savings capacity,” he said in an interview with Latina.
Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
