on Wednesday October 18 has been the last date in which the Congressional Economic Commission debated the much-requested withdrawal from pension fund insurers (AFP). Several parliamentarians have presented a bill in favor of the release of funds from individual accounts; However, there is still no clear route from those in charge of the legislature to bring these proposals to the Plenary Session.
If the Plenary votes in favor, the Executive will be in charge of promulgating or observing the measure, although the head of the Ministry of Economy and Finance (MEF), Alex Contreras, During his speech in Congress, he already advanced the negative view of the Government, since It could become a fiscal risk and harm the pensions of 1.3 million members over 50 years of age.
“In the future, (these people) will depend on their luck, on the ability they have to recover those funds, and that for the State means a fiscal risk, because it is likely to lead to the expansion of social programs,” he explained in session. on October 4th.
Despite this alert, in the event that Congress approves any of these legislative initiatives out of insistence, Contreras left open the possibility of supporting a new targeted withdrawal of pension funds, which benefits the most vulnerable sectors.
ᐅ AFP Retirement 2023: how many bills are pending debate?
So far, 16 legislative initiatives have been presented to authorize AFP members to request a seventh withdrawal of the money they have accumulated in their pension funds. However, none of them have been ruled favorably in the two management periods of the Congressional Economic Commission. Below, find out about all the projects that are pending debate in Parliament:
- AFP withdrawal from 2 UIT (S/19,800) – Segundo Montalvo Cubas (Free Peru)
- AFP withdrawal of up to 4 UIT (S/19,800) – Digna Calle (Vamos Perú)
- AFP withdrawal of up to 3 UIT (S/14,850) – Víctor Cutipa (Peru Bicentennial)
- AFP withdrawal of 50% of funds – Elías Ávalos (Vamos Perú)
- AFP withdrawal of 70% of funds – Américo Gonza (Perú Libre)
- AFP withdrawal of 50% of funds for home purchase – Patricia Juárez (Fuerza Popular)
- AFP withdrawal from 3 UIT (S/14,850) – Víctor Flores (Fuerza Popular)
- AFP Withdrawal from 5 UIT (S/24,750) – Jaime Quito
- AFP Retirement from 4 UIT (S/19,800) – Guido Bellido (Peru Bicentennial)
- AFP withdrawal of 25% to pay debts with mortgage guarantee – Melissa Córdova (Avanza País)
- AFP withdrawal of 100% for home purchase – Ilich López (Popular Action)
- AFP Retirement from 4 UIT (S/19,800) – José Luna (Vamos Perú)
- AFP withdrawal from 4 UIT (S/19,800) – Jorge Luis Flores Ancachi (Popular Action)
- AFP withdrawal from 4 UIT (S/19,800) – Kelly Portalatino (Perú Libre)
- AFP withdrawal from 4 UIT (S/19,800) – Luis Aragón (Popular Action)
- AFP withdrawal from 4 UIT (S/19,800) – Mariza Taipe (Perú Libre).
ᐅ What is missing for the AFP 2023 withdrawal to be approved?
The Economy Commission, chaired by Fuerza Popular parliamentarian César Revilla, has discussed in its last 3 sessions the issue of the withdrawal of funds from the AFP (October 11 and 18). In the first session, the Minister of Economy, Alex Contreras, attended to present his position; in the second, Superintendent of Banking, Insurance and AFP (SBS); and in the third, the Mrs. Giovanna Prialépresident of the Association of Pension Funds, to present their positions regarding this new measure.
Likewise, in each of the sessions the support of bills in favor of retirement has been scheduled; However, there is still no negative or favorable opinion from the Economy Commission, so it is pending to continue calling for the presentation of these proposals to begin the debate on the 16 bills related to the withdrawal of funds. of pensions, until an opinion is drafted that enters the Plenary for subsequent discussion and voting. Likewise, even though the Executive Branch observes these norms, the Constitutional Court can declare them viable, as it has done previously.
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.
