How will the Fonavi 2023 payment be made and what does the regulation say about the return of contributions?

The Government made official the restart of the process of returning contributions to the National Housing Fund (Fonavi) after the publication of the regulations Supreme Decree No. 280-2023-EFlaunched this Thursday the 14th in El Peruano.

With this, the Ad Hoc Commission has the authorization to reimburse Fonavistas who have been able to demonstrate their contributions in money, as well as those who to date have only been able to recognize contribution periods.

The amount of these reimbursements, which will be made through the Banco de la Nación, are obtained from a distribution formula made up of the all contributions actually collected for Fonavi from dependent and independent workersupdated with the effective legal interest rate.

How is the return of Fonavi contributions calculated?

• AC: contribution calculation
• Fund to be returned: contribution collected by workers’ contributions to Fonavi, updated with the effective legal interest rate.
• Contingency fund: estimated amount of money that allows reimbursement to the beneficiaries with accredited and updated monetary contributions that exceed the contribution calculation. This fund provides that the refund does not exceed the contributions actually collected from workers’ contributions to Fonavi, updated with the effective legal interest rate.
• Weighted % of the section: Percentage of contribution of the section, with respect to the average of periods contributed by Fonavista.
• Accredited contributed periods of the section: lapses provided and accredited for the evaluated section.

Consequently, the determination of the calculation of the contribution is the result of multiplying the difference between the fund to be returned and the contingency fund, by the weighted percentage of the tranche, divided by the contributed periods credited per tranche.

From when will the return of contributions to Fonavi begin?

The Presidency of the Council of Ministers reported, through a statement, that the resumption of the return of contributions will be on Thursday, December 21 for more than 60,000 people in group No. 20, according to the current schedule.

“The amount to be returned exceeds 160 million soles. The refund will be made exclusively through the Banco de la Nación, in all its branches nationwide for those considered in group No. 20,” it reads. release.

How will the Fonavi refund payment be made?

The return of funds to Fonavi beneficiaries is carried out through Banco de la Nación branches throughout the country. To carry out this process, Fonavistas must complete the required documentation.

The refund is made using the methods provided by the bank, including the account credit option. Exceptionally, the Banco de la Nación is authorized to share information (savings account number or National Identity Document Account – DNI Account) with the Technical Secretariat, exclusively for the purpose of facilitating this payment method, without this be considered a violation of the banking secrecy of the Fonavi beneficiaries.

The National Register of Beneficiary Fonavistas is prepared based on those Fonavistas who, after going through the verification process described in article 28, have a corresponding individual account, in accordance with the provisions of article 31.

Official LINK to find out if you are registered in the Fonavista registry 2023

If you want to know whether or not you are registered on the Fonavi contribution return list, follow these steps:

1. Enter the registration status consultation module website of the Fonavi Technical Secretariat.
2. Next, complete the form with your identity document, whether it is a DNI, immigration card or electoral booklet.
3. Enter the verification code that appears on the screen.
4. Click on ‘inquire’ and find out if you are registered as a beneficiary or not.
5. Please note that the list of registered people is still under construction and you may not yet be able to access the refund of contributions, as it is in process.