Members of the AFP marched through the streets of downtown Lima, in order to demand that up to S/20,600 be released from individual accounts in pension administrators.
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This Wednesday, March 6, thousands of AFP members marched through the streets of downtown Lima, as a protest measure, to demand that the 4 UITs be released from the AFP individual accounts (S/20,600), with the objective of mitigating the impacts of the economic recession.
It is important to specify that This proposal is contained in more than a dozen bills that continue to be filed in the Congressional Economic Commission.
In this regard, the Executive has tied up an eventual partial and focused withdrawal of pension fundsThe approval of the comprehensive reform of the pension system.
Likewise, the protesters also raised their voices in protest to comply with the ONP Recognition Bonus—in favor of those who migrated to an AFP since the beginning of 2002 and lost their entire fund—and to comply with the full return of contributions to Fonavi —TC ruling reduced the money to be paid to retirees by 90%.
Another of the demands during the march was the increase in minimum pensions in the ONPwhich today are located at S/500.
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Source: Larepublica

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