Four months have passed since the first proposal for a seventh AFP withdrawal was presented. However, to date, the initiative led by Congresswoman Digna Calle is on file without registering any progress in its debate. What is known so far about the others? Projects requesting a new release of funds individual? We tell you here.
AFP Retirement 2023: what proposals have been presented so far?
Until now, There are 10 bills that request a new AFP withdrawal. Seven initiatives aim to free members’ funds so that they can face the rise in prices of the basic family basket.
The three remaining projects are born with the purpose of expanding the withdrawal amount to acquire a property or pay mortgage-backed debts.
Let us remember that Law No. 30478 is currently in force, which allows contributors to dispose of up to 25% of their funds in order to pay the initial installment or amortize the mortgage credit of his first home.
Next, the 10 PL presented in Congress during this 2023:
- AFP withdrawal of up to 4 UIT (S/19,800)
- AFP withdrawal of up to 3 UIT (S/14,850)
- AFP withdrawal of 50% of funds
- AFP withdrawal of 70% of funds
- AFP withdrawal of 50% of funds for home purchase
- AFP withdrawal of 3 UIT (S/14,850)
- AFP withdrawal of 5 UIT (S/24,750)
- AFP withdrawal of 4 UIT (S/19,800)
- 25% AFP withdrawal to pay mortgage-backed debts
- 100% AFP withdrawal for home purchase.
AFP 2023 retirement projects: why are they not yet discussed?
For these initiatives to be approved, it is essential that the Economy Commissionchaired by the congresswoman from Fuerza Popular rosangella barbaranaddress them and put them on the agenda.
Consulted about this issue, the Fujimorista mentioned that there are about 50 bills related to pensionsbut that today the “priority” is the pension system reform and, therefore, the AFP withdrawal proposals remain on hold.
As can be seen in the “procedural status” section, the projects that request an AFP withdrawal are still listed in “Economy Commission“. Once this working group approves any of them, they must go through the Work Commissionled by legislator Sigrid Bazán, who could make some adjustments to the proposal, as they consider.
In the event that these ruling commissions give you the green light, the AFP withdrawal project will go to the Plenary for its respective debate and approval.
If the simple majority votes in favor, the autograph will pass into the hands of the Executive Power for its observation or promulgation in the official newspaper El Peruano. However, as detailed, there is still a long way to go.
Are the AFPs preparing for a possible withdrawal of funds?
According to CredicorpIn recent months, the holding of sovereign bonds by the AFPs has increased. The hypothesis that is being handled is that the companies in this area are putting together a more liquid portfolio to be prepared for the possibility of approval of a withdrawal of funds.
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.
