ONP: how many minimum years must a taxpayer contribute to be granted a retirement pension?

In Peru, the National Pension System (SNP) offers its members the possibility of accessing a retirement after years of regular contributions. This system is administered by the Pension Normalization Office (ONP), established under the framework of Decree Law No. 19990. With the promulgation of Law No. 31301 in July 2021, the requirements and conditions to access these benefits were modified, with the aim of favoring a greater number of contributors.

How many minimum years must a taxpayer contribute to have a pension?

Initially, Peruvian legislation established through Decree Law No. 19990 that 20 years of contributions were required to obtain a retirement pension in the National Pension System (SNP). However, in July 2021, Law No. 31301 modified this requirement, reducing the minimum number of years necessary to access a special proportional pension.

As of July 23, 2021, the Supreme Decree 282 granted the Ministry of Economy and Finance (MEF) the authority to approve the forms necessary to request lifetime benefits and medical care in EsSalud, among other government services. Currently, to be eligible, the member must demonstrate that they have contributed 13% of their salary or monthly income for a period of between 10 and 20 years.

• For a special proportional retirement pension of S/250 per month: At least 10 years of contributions are required, equivalent to 120 Contribution Units and being at least 65 years of age.
• For a special proportional retirement pension of S/350 per month: At least 15 years of contributions are required, equivalent to 180 Contribution Units and being at least 65 years of age.

What are the requirements to be able to access a lifetime retirement?

To access a lifetime retirement under the SNP, administered by the Pension Normalization Office (ONP), taxpayers must meet these requirements:

1. Virtual application format:
   • You must complete and submit your retirement application using the specific virtual format provided by the ONP, accessible through its web portal.
2. Documentation that proves the employment relationship:
   • Present a simple copy of documents that demonstrate your employment relationship. This includes:
     • Work certificates.
     • Remuneration payment slips.
     • Settlements of time of services or social benefits.
     • Proof of contributions issued by the National Registration and Individual Account Office of Insured Employers (Orcinea), the Peruvian Social Security Institute (IPSS) previously, or EsSalud.
     • Any other relevant public document in accordance with article 235 of the Civil Procedure Code.
3. Payment Proofs:
   • Provide a simple copy of the Regular Payment Certificates (CPR), Special Payment Certificates (CPE), or other payment vouchers that have been issued by the former IPSS or EsSalud, unless this information is already available in the payment systems. the ONP.

How to start the application?

1. Access to the portal:
   • Enter the official ONP portal intended to carry out retirement procedures.
2. Contact with an advisor:
   • After submitting your application, an ONP advisor will contact you, either by phone or email, to guide you on how to proceed with the submission of your documents.
3. Document delivery:
   • Send all required documents through the email that the advisor will provide you. It is essential that these are complete and clear to avoid delays in the process.
4. Resolution Notification:
   • Once your application has been evaluated, the ONP will inform you of the final result. This communication will be made through the email you registered or directly to your registered address, within a maximum of 30 calendar days.
5. Communications verification:
   • Finally, it is recommended that you regularly check your inbox and spam to ensure you receive all notifications related to your retirement application.