in dialogue with The Republicthe head of the Pension Standardization Office (ONP), Victorhugo Montoya, indicated that “it is a possibility” that the Government presents an unconstitutionality claim before the Constitutional Court (TC) for the autograph by insistence -approved by Congress- that updates the recognition bond for the contributors and ex-contributors of the ONP who migrated from 2002 to the AFPs.
“It is a possibility that is handled by questioning, since the norm could have vices of unconstitutionality as was stated at the time the observation was made,” he said.
The official also pointed out that the implementation of this measure would have a fiscal cost of S/40,856 million. Only in the first year, the State would assume an expense of S/6,563 million. In addition, they estimate that 4.6 million members of the ONP go to the AFP once the recognition bonus is made official, which would cause a financial impact on the National Pension System, since the pensioners’ payroll is paid from the contributions made in this regime.
Fiscal impact of the new recognition bond. Source: ONP
However, Montoya Chávez explained that many citizens believe that by moving from the National Pension System (SNP) to the Private Pension System (SPP) the recognition bonus It will be a very high figure, however, he explained that the amount that would be granted to the former member of the ONP would be S / 3,600 on average.
“People think that they are going to receive a very high bonus, but it is a contribution made a long time ago by people who passed by and in the National System they contributed a little normally and it does not even reach S/4,000, which would be the amount of the recognition bonus., but for many people it comes out high. It would be S/3,600, we are calculating the amount that is expected for people who reach 65 years of age,” said the head of the ONP to this outlet.
ONP: how to know how many accredited contributions you have?
- You must enter the service in this link
- Insert your virtual key
- Then, you must click on the button “View account statement online” so you can review your declared contributions.
This is how the ONP website appears to consult for your contributions. Photo: ONP Capture
Source: Larepublica
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