AFP Retirement 2024: they send a letter to the SBS to prepare regulations as soon as possible

AFP Retirement 2024: they send a letter to the SBS to prepare regulations as soon as possible

Through Law No. 32002, published in the official gazette A Peruvian man, the Executive promulgated the rule that provides for the withdrawal of the AFPs for up to 4 UIT, or its equivalent S/20,600. In this way, it is expected that citizens will be able to use their money through the Pension Fund Administrators (AFP) in which they are registered.

Recently, Congresswoman Digna Calle sent a letter to the Superintendency of Banking, Insurance and AFP (S.B.S.) to accelerate the regulation by the entity, which has a maximum period of up to 15 calendar days. As can be read in the document, “It will determine, through regulations, the operating procedure for withdrawal within a period that will not exceed fifteen calendar days, counted from the entry into force of the law”.

They ask the SBS to accelerate the AFP withdrawal regulations

The letter addressed to the superintendent of Banking, Insurance and AFP, Socorro Heysen Zegarra, indicated that there is history that facilitated previous withdrawals, which would suggest greater viability of a prompt response by the institution she directs.

“It should be considered that there is already a history of operating procedures approved by your entity that facilitate extraordinary withdrawals, which is why it is feasible to issue said regulation, a request that is supported by the more than 8 million Peruvians who urgently require the disposal of their funds”, you can read.

Letter sent to the SBS.  Photo: capture/X

Letter sent to the SBS. Photo: capture/X

Until what date is there a deadline for the SBS to issue an operating procedure?

The approval by President Dina Boluarte and the head of the Council of Ministers, Gustavo Adrianzén, coincides with what was mentioned by José Arista, Minister of Economy and Finance (MEF), who indicated that the proposal for the seventh optional disbursement of funds. In this way, the SBS must announce the corresponding procedures before May 3 so that citizens can initiate the AFP withdrawal request.

What will be the procedure for disbursement of AFP funds?

Find out what the procedure will be like to request the withdrawal of funds from the Pension Fund Administrator (AFP):

  • Submission of the application: Members have the option of submitting their withdrawal request, both physically and virtually, within ninety calendar days following the entry into force of the regulations of said law.
  • Disbursement of Funds: Once the application is submitted, it is established that the amount of up to one Tax Tax Unit (UIT) will be deposited every thirty calendar days. The first disbursement is made thirty calendar days after the request has been submitted to the corresponding AFP.
  • Withdrawal withdrawal: If the member decides not to continue with the withdrawal of funds from his individual capitalization account (CIC), he has the option to cancel the process. To do this, you must notify the private pension fund administrator on a one-time basis, at least ten calendar days before the next disbursement.

Source: Larepublica

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