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.
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 pension do RUES receive in Peru if they contributed for 10 years?
As of January 2025, affiliates to the Office of Pension Standardization (ONP) that have contributed for 10 years 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 pension do retirees receive if they contributed less than 20 years?
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.
EPP early retirement: What is the new age to request it?
According to current regulations, it is relevant to consider that the minimum age to request the early retirement In the ONP it has been modified to 55 years. This gives affiliates the opportunity to access their retirement pension in advance, up to ten years earlier than previously established. It is essential to meet the established requirements to make use of this alternative.
What is the ONP in Peru?
The Office of Pension Standardization (ONP), As an entity responsible for pension management, it plays a crucial role in the Social Security System of Workers in Peru. Through the effective administration of workers’ contributions, the ONP ensures that at the time of their retirement, they can enjoy a pension that gives them the possibility of maintaining a decent standard of living.
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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.
