Faced with the repeated requests of congressmen from various groups to prioritize the debate and approval of the seventh withdrawal of the pension fund administrators (AFP) in the Economy Commission, the head of this parliamentary working group, César Revilla, pointed out that It is being analyzed to expand the disbursement of up to 4 UIT, which is equivalent to S/20,600, in the prediction of the pension system reform.
Let us remember that, until the end of last year, a proposal was ready that grouped more than 50 bills and was called the Law of Modernization of the Peruvian Pension System. This included in its complementary provisions the authorization to withdraw up to S/10,300 (2 UIT) from the AFPs in the case of affiliates who, until November 31, 2023, do not have contributions credited to their individual capitalization accounts (CIC). ) for six consecutive months.
AFP Withdrawal: what did the president of the Economy Commission say?
During a press conference in Pasos Perdidos, of the Congress of the Republic, the president of the Economy Commission, César Revilla, indicated that the possibility of including the withdrawal of private pension funds of up to 4 UIT in the proposal is being analyzed. of pension reform prediction, which is in charge of its parliamentary working group.
“The pension reform comes with a complementary provision that is the retirement (AFP) and that we are evaluating, even, opening it up to 4 UIT because, as the Minister of Economy has stated, we are in a moment of economic growth and recovery,” he referred.
As is public knowledge, in the Economy Commission, a proposal had been prepared until the close of the ordinary legislature for the 2023-2024 period that included approving an extraordinary disbursement of up to S/10,300 from the AFP only for members who did not register contributions in the last 6 months. Now, it would be expanding to 4 UIT in the new prediction, according to Revilla’s statements.
They request an extraordinary session to approve AFP withdrawal from 4 UITs: when would it be?
The congresswoman from Podemos Peru and author of Bill No. 4201/2022-CR, Digna Calle, sent a letter to the head of the Economy Commission to request that call an extraordinary session between February 12 and 16 to debate and approve the report that authorizes a seventh optional withdrawal of up to 4 UITs from the AFP, which is equivalent to S/20,600.
“I request that the approval of the report of Bill No. 4201/2022-CR be prioritized as a matter of urgency. ‘Law that authorizes members of the private pension fund administration system to optionally withdraw their funds up to an amount of 4 UIT’, of my authorship, decreed to the Commission that you chair,” the document reads. given to César Revilla of Fuerza Popular.
According to a publication on her social networks, the legislator forwarded this same request to the Board of Directors of Congress chaired by Alejandro Soto, arguing the reasons for prioritizing the debate on the disbursement of private pension funds. “The school year is about to begin, I have to pay for supplies, uniforms, tuition and more. The economic crisis and the indifference of Congress could leave many children and young people without the opportunity to go to school or university,” he said.
What is missing for the AFP withdrawal to be approved?
The restart of the second semester of the 2023-2024 legislature of the Congress of the Republic is scheduled for March of this year. It is expected that the prediction proposal of the Economy Commission that includes a targeted withdrawal of the AFPs will be reviewed and debated again, since it is in line with the recommendations of the Ministry of Economy and Finance.
However, there is still no absolute consensus between the members of said parliamentary group and the Executive Branch, since there is a group of congressmen who are seeking a seventh AFP withdrawal and, on the other hand, the MEF has ratified its position of observe this rule if a limited disbursement is not contemplated. Previously, the Executive Branch observed these types of laws, but the Constitutional Court declared them viable.
AFP Retirement 2024: Review the bills pending debate
- AFP Withdrawal from 2 UIT (S/10,300) – Segundo Montalvo Cubas (Free Peru)
- AFP withdrawal of up to 4 UIT (S/20,600) – Digna Calle (Vamos Perú)
- AFP withdrawal of up to 3 UIT (S/15,450) – 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/15,450) – Víctor Flores (Fuerza Popular)
- AFP Withdrawal from 5 UIT (S/25,750) – Jaime Quito
- AFP Retirement from 4 UIT (S/20,600) – 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 withdrawal from 4 UIT (S/20,600) – José Luna (Vamos Perú)
- AFP withdrawal from 4 UIT (S/20,600) – Jorge Luis Flores Ancachi (Popular Action)
- AFP withdrawal from 4 UIT (S/20,600) – Kelly Portalatino (Perú Libre)
- AFP withdrawal from 4 UIT (S/20,600) – Luis Aragón (Popular Action)
- AFP Withdrawal from 4 UIT (S/20,600) – Mariza Taipe (Free Peru)
- AFP withdrawal from 4 UIT (S/20,600) – Flavio Cruz (Perú Libre)
- AFP withdrawal of up to 3 UIT (S/14,850) – Edgard Reymundo (Democratic Change-Together for Peru)
- AFP withdrawal from 4 UIT (S/20,600) – José Pazo (Somos Perú)
- AFP withdrawal of 100% of funds in cases of death of the member – Digna Calle (Vamos)
- AFP withdrawal from 4 UIT (S/20,600) – Wilson Quispe (Perú Libre)
- AFP withdrawal from 2 UIT (S/10,300) – César Revilla (Fuerza Popular)
- AFP withdrawal of 90% of funds due to terminal illness – Katy Ugarte (Parliamentary Unity and Dialogue)
- AFP Withdrawal from 1 UIT (S/5,150) – Jeny López (Fuerza Popular)
- AFP retirement in cases of terminal illness or cancer – Germán Tacuri (National Concertation Magisterial Block)
- AFP withdrawal from 4 UIT (S/20,600) – Isabel Cortez
- AFP Retirement of 5 UIT (S/25,750) – Segundo Quiroz (National Concertation Magisterial Block)
- AFP retirement from 4 UIT (S/20,600) – Alfredo Pariona (not grouped)
Source: Larepublica

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