After the recent approval of Law 32002, which allows a new withdrawal of up to S/20,600 from private pension funds, many members of the Administrators of pension funds (AFP) are waiting for the S.B.S. (Superintendency of Banking, Insurance and Private Pension Fund Administrators) publish the operating procedure to make the disbursement.
The withdrawal is available to all members and is intangible, unless you have a process for alimony. Below, we will tell you all the details to process your request and access your money without any setbacks.
When can the AFP disbursement be processed?
The date to regulate the AFP withdrawal It is until May 3. Once the operating procedure has been published, the four AFPs (Habitat, Prima, Integra and Profuturo) will have to report the dates of applications and payments. The start of withdrawal requests may be around May 13.
AFP Withdrawal: how to request the disbursement of up to S/20,600?
The procedure to request the seventh withdrawal of AFP funds will be simple and accessible to all members. The rule establishes that the application may be submitted physically or virtually within 90 calendar days after the regulation comes into effect.
When filling out the application, you must provide personal information and your bank accounts. Once the application has been submitted to the corresponding administrator, the first disbursement, of up to 1 UIT (S/5,150), It will be paid 30 days later.
When could I access the AFP withdrawal? Check the possible dates
The process of withdrawing funds from the AFP will be carried out in four groups, each of up to 1 UIT, with intervals of 30 days between each disbursement.
According to the finance specialist at Pacífico Business School, Jorge Carrillo Acosta, the possible dates of start of disbursements could be June 12. It is important to note that the maximum period to request withdrawals would expire on August 11, 90 days after the operational procedure began.
- Start of 1st withdrawal (up to 1 UIT): June 12, 2024 (30 calendar days after request).
- Start of 2nd withdrawal (up to 1 UIT): July 12, 2024 (30 calendar days after first withdrawal).
- Start of the 3rd withdrawal (up to 1 UIT): August 11, 2024 (30 calendar days after the second withdrawal).
- Start of the 4th withdrawal (up to 1 UIT): September 10, 2024 (30 calendar days after the third withdrawal).
AFP Withdrawal: what documents should I present?
To carry out the AFP fund withdrawal process, it is recommended to have identification documents, banking information and the necessary digital keys on hand.
Among the necessary documents are the identity document, name, telephone number and email of each member, as well as the account number in a bank in the name of the beneficiary.
What is the procedure to request the withdrawal of your funds?
The procedure to request the withdrawal of funds from an AFP is as follows: first, verify that the personal data is updated in the AFP database; then, submit the withdrawal request, indicating the amount to be withdrawn, which should not exceed 4 UIT; Subsequently, the AFP will evaluate and approve the applications; Finally, once the request is approved, the AFP will coordinate the deposit of the requested amount into the bank account provided.
Source: Larepublica
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