The Superintendency of Banking, Insurance and AFP (SBS) approved on May 3 the official procedure for the seventh withdrawal from pension funds. With this, the members of the Pension Fund Associations They will be able to request up to S/ 20,600 that will be deposited in four different fleets. In this sense, thousands of members will be able to enjoy this benefit which, according to its main promoters in Congress, will help citizens solve any economic problems they may have.
The schedule published by the S.B.S. It also provides an account of a deadline established for the Pension Fund Associations can carry out the first deposit. Therefore, in the event that the member submits his request on May 20th, you will be receiving, in the first refund, up to S/5,150. It should be noted that the date on which the deposit will be made will depend on what is established by the Pension Fund Association. In its statement published on its official website, it indicates that these dates will be enabled depending on the last digit of the affiliates’ DNI.
AFP withdrawal: are they going to deduct a percentage from me if I withdraw my money from the AFP?
According to the resolution SBS No. 01623-2024, the seventh retreat is extraordinary and optional; That is, the affiliates are being allowed to access, in a manner optional, to these pension funds until August 17. According to one’s own AFP Associationthe request for the withdrawal of pension funds It will be free and digital. That is, affiliates will not have to pay an amount to request money from their accounts. In addition, it is indicated that the request will not be made in the offices of the 4 AFP that operate in the country, but through a website.
In the event that the member requests the withdrawal of their pension funds, the schedule indicates that the first deposit would be made in a maximum of 30 calendar days. In other words, the applicant will receive their money starting June 14.
AFP profitability on the decline: users reported a decrease in their pension funds
As reported The Republic, through the social network X (formerly Twitter), several users reported the drop in the performance of their pension funds. Affiliates of Hábitat and Prima AFP complained that, after President Dina Boluarte enacted the law that allowed the seventh withdrawal of the AFPs, they showed a negative result from their pension funds. “The AFP “it’s not profitable,” says one indignant user. Others, for their part, showed their annoyance at the losses and tagged the company’s account. Superintendency of Banking, Insurance and AFP (SBS) to take action on the matter.
The SBS has until May 3 to publish the AFP withdrawal schedule. Photo: Andina/LR
According to the emails sent to these users, the AFP Premium He specified that the profitability of pension funds would have decreased due to various factors. In the particular case of background 2 of the mentioned AFPit was pointed out that local political turbulence and the imminent withdrawal of money from pension systems made the profitability -1.03%.
Source: Larepublica

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