How do I join an AFP as a dependent or independent worker?

Every dependent worker with an employment contract should know that affiliation to the pension system, whether it is public (ONP) or private (AFP), is mandatory. In the case of those who receive income from the independent workthey also have the possibility of joining an AFP in order to save and have a pension at retire. Given this scenario, we tell you what requirements to meet to join a AFPif you find yourself in any of the scenarios.

Dependent worker: how to join an AFP?

If you have entered for the first time form of a company, you can request it from your employer, who will affiliate you with AFP Integra, which is the administrator that is receiving new affiliates to the Private Pension System (SPP). For this you must present:

• National identity document (ID)
• Minors under 18 years of age: Worker adolescent notebook or DNI
• Foreign: immigration card or passport with work visa
• Military or Police: military or police identification card.

Independent worker: how to join an AFP?

If you’re independent worker, You can join virtually, following the steps on the website of AFP Integra. As requirements, you will need to have your national identity document (DNI) and data such as your phone, email, among others.

For more information about the contributions and benefits as an independent worker, visit the I AM INDEPENDENT section of the AFP Association.

How much should I contribute to an AFP as an independent worker?

Your monthly contribution as independent worker It is calculated based on your monthly income. Contributions to the SPP are divided as follows:

• 10% contribution. The minimum contribution amount is S/102.50, equivalent to 10% of the current minimum wage (S/1,025).
• 1.84% insurance
• A % commission that varies in each AFP.

It is important to point out that AFP Integra was the winner of the sixth tender for new members of the Private Pension System. Workers who join the SPP from June 1, 2023 They must remain in this entity for a period of two years.

Normally, the bid is won by having the lowest costs of commissions for the user. In the case of Integra, the annual commission on balance is 0.79%, for Habitat it is 1.25%, while in Prima, 1.25% and Profuturo, 1.20%. After two years in the systemthe worker is free to make a transfer to any AFP.