AFP Withdrawal: when will the first deposit of your money be made, after filling out the application?

Those affiliated with the Pension Fund Administrators (AFP) In Peru they have a new opportunity to access part of their pension savings this year. The new withdrawal process of up to 4 tax units (UIT), which translates into up to S/20,600, already has established dates and a clear procedure so that beneficiaries can plan their finances in advance.

This initiative, which continues to ease the economic burden of many Peruvians in uncertain times, allows members to withdraw part of their funds under specific conditions. The Superintendency of Banking, Insurance and AFP (SBS) has confirmed that the process will be supervised to ensure transparency and efficiency in the distribution of funds.

AFP withdrawal schedule: what are the dates to make the disbursement of up to 4 UIT?

The schedule established by the S.B.S. dictates that withdrawals will be scheduled according to the last digit of the National identity document (DNI) of each affiliate, thus ensuring an orderly and efficient process. We detail the specific dates below; they will also be available on the pages of each AFP, where interested parties can verify the corresponding day to send the withdrawal request.

• If your ID ends in 1, register your withdrawal request on May 20 and 21, and June 18.
• If your ID ends in 2, register your withdrawal request on May 22 and 23, and June 19.
• If your ID ends in 3, register your withdrawal request on May 24 and 27, and June 20.
• If your ID ends in 4, register your withdrawal request on May 28 and 29, and June 21.
• If your ID ends in 5, register your withdrawal request on May 30 and 31, and June 24.
• If your ID ends in 6, register your withdrawal request on June 3 and 4, and June 25.
• If your ID ends in 7, register your withdrawal request on June 5 and 6, and June 26.
• If your ID ends in 8, register your withdrawal request on June 10 and 11, and June 27.
• If your ID ends in 9, register your withdrawal request on June 12 and 13, and June 28.
• If your ID ends in 0, letter or other, register your withdrawal request on June 14 and 17, and July 1.

When will the first AFP deposit be made?

The first deposit will be made 30 business days after the member has completed their online application; Therefore, the first disbursement for those who sent their request on May 20 would be made no later than June 14.

This period allows the AFPs to carry out the necessary verifications and ensure that the funds correctly reach the bank accounts indicated by the beneficiaries.

AFP Withdrawal: since when can you request the withdrawal of funds?

Affiliates will be able to begin requesting the withdrawal of their funds starting May 20. The online portal will be available from Monday to Friday from 8 am to 6 pm, excluding holidays, as reported by the SBS.

AFP 2024 withdrawal: in how many parts would the release of up to 4 UITs be carried out?

The release of the funds will be carried out in four parts, each corresponding to 1 UIT. The first part will be deposited 30 days after the request is sent and the second part the following 30 days, which allows for an equitable and planned distribution of the money withdrawn.

1. First withdrawal: maximum one ITU (S/5,150).
2. Second withdrawal: of a maximum of one UIT (S/5,150), 30 days after the first delivery of money was made.
3. Third withdrawal: maximum one UIT (S/5,150), 30 days after the second delivery.
4. Fourth retreat: maximum one UIT (S/5,150), 30 days after the third disbursement.