The congressman from Podemos Peru, José Luna, communicated through his social networks and that of his party the possible schedule for the retirement of the AFP. Through a video, he reported that the return of contributions would begin in June and that the delivery of the last UIT would take place in September 2024.
Luna’s announcement occurs days after the Superintendency of Banking, Insurance and AFP (SBS) Publish the official schedule for the voluntary withdrawal of money from pension funds. As recalled, the seventh withdrawal of the AFP was promulgated by the President of the Republic, Dina Boluarte, on April 18. By means of the Law 32002, the option was enabled so that anyone who registers can withdraw a maximum of S/ 20,600; that is, up to 4 UIT.
Retirement from the AFP would begin in June of this year, according to José Luna
According to the video posted by José Luna Gálvez On TikTok, the registration process for the withdrawal of pension funds would begin in June. The duration of this process would extend for four months, until the withdrawal of the 4 ITU established in the law ratified by Dina Boluarte. To start the process, the Superintendency of Banking, Insurance and AFP (SBS) must publish the corresponding schedule. Once prepared, contributors will be able to register in their AFP to request part or all of your pension funds.
On the other hand, the leader of We can Peru indicated that the Wednesday June 5 would be the date chosen for the first deposit on the part of the AFPwhich would be 1 UIT or S/4,150. Subsequently, the second withdrawal would be scheduled for the first half of July. The third withdrawal would take place, according to the video, in the second half of August. Finally, the last withdrawal would be planned for the first 15 days of September.
AFP withdrawal: possible disbursement dates
- First withdrawal: possibly in the first days of June.
- Second withdrawal: 30 days after the first withdrawal.
- Third withdrawal: 30 days after the second withdrawal.
- Fourth retreat: September 2024.
How many AFPs operate in Peru?
According to information published by the Superintendency of Banking, Insurance and AFP (SBS)there are four Pension Fund Administrators (AFP) in Peru. These private institutions manage the pension funds of millions of members under the form of personal accounts. The AFPs are Integra, Profuturo, Prima and Habitat. These institutions are in charge of managing the pension funds of affiliated workers with the aim of ensuring them an adequate retirement.
How do AFPs work?
The AFP, or Pension Fund Administrator, is a financial entity that is dedicated to managing and accumulating the economic contributions made by workers, with the objective of providing them with an income when they retire. The AFP They also offer additional benefits such as disability and survival insurance, ensuring broader protection for the worker and their family. These institutions invest the funds raised to generate returns, thus increasing the capital that members will receive at the end of their working life.
Source: Larepublica
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