Peruvian retirees who have contributed to the ONP for a minimum of 10 years have received a new pension since January 2025, according to the law of modernization of the pension system.
Peruvian retirees who have contributed to the system of the Pension Standardization Office (ONP) for a minimum of 10 years will receive a pension with a new established amount. This modification seeks to offer support to those who did not comply with the 20 years required to obtain higher pensions.
It is essential that they plan your financial situation to ensure that your income is sufficient to cover your needs and desires during this stage of life. The ONPresponsible for managing the National Pension System, established new pension amounts that will enter into force in 2025, which will allow affiliates to know in advance the income they will receive at the time of their retirement.
How much retirement do the ONP affiliates receive if they only contributed for 10 years?
As of January 2025, the Affiliates to the ONP that have contributed for 10 years They will receive a fixed monthly pension of 300 soles. This measure, the result of the law of modernization of the pension system, seeks to offer financial support to those who have not reached 20 years of contributions necessary to obtain a higher pension. This provision, contemplated in current regulations, has as its main objective to provide financial aid to those affiliates who, for various circumstances, have failed to complete the time of contributions required to access a more substantial pension.
ONP 2025: How much do retirees who contributed less than 20 years in Peru receive?
For those who have contributed between 10 and 15 years, the new amount is established in S/300. In the case of affiliates who have contributed between 15 and less than 20 years, the pension will be S/400. In addition, the new minimal and disability pension has been set at S/600, an increase with respect to the previous S/500. Derived right pensions will be S/400, which represents a significant advance in support for retirees.
ONP early retirement: What is the new age to request it?
According to current regulations, it is important Retirement pension in advance, up to ten years earlier than established above. It is essential to meet the established requirements to make use of this option.
What is the ONP?
The ONP, as an agency in charge of pension management, plays a fundamental role in the Social Security of Peruvian workers. Through the efficient administration of workers’ contributions, the ONP guarantees that at the time of retirement, they can access a pension that allows them to maintain a decent standard of living.
Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
