Congresswoman Digna Calle of Podemos Peru is the author of this bill that seeks to resolve the problem of withholding and appropriating the retirement funds of members who die without heirs.
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The Congresswoman Worthy Street, of the parliamentary group We can Peruhas presented a bill that recognizes the member’s right to Private Pension System (SSP) no children, spouse or parents to designate the beneficiaries who will receive 100% of the funds in the event of your death.
The initiative presented on November 9 is already in the Congressional Economic Commission and Its objective is to incorporate article 12-A in the single ordered text of the Law of the Private Pension Fund Administration System.
The addition to the rule indicates that the affiliate who meets the conditions contemplated in article 727 of the Civil Code has the right to designate the person or persons who will be beneficiaries of receiving 100% of the pension funds accumulated up to the date of death.
Furthermore, it specifies that This designation may be made and changed at any time the member considers it necessary. “The Private Pension Fund Administrator (AFP) ex officio proceeds to contact and make the return to the beneficiary person or persons. In the event that the member does not designate any beneficiary, the Private Pension Fund Administrator (AFP) , ex officio, begins the process provided for in article 830 of the Civil Code to allocate 100% of the accumulated pension funds,” he mentions.
Furthermore, it emphasizes that pension funds acquire the status of intangible and no commission is charged. Likewise, it indicates that the operating procedure for the return of pension funds is that approved by the Superintendence of Banking, Insurance and AFP (SBS).
The bill highlights that this initiative aims to resolve thehe problem that revolves around the retention and appropriation of the pension funds of members who die without heirs.
Source: Larepublica
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