Fonavi: Congress approves changes to the tax refund law

This Wednesday, the Plenary of Congress approved with 111 votes in favor and 3 against the autograph that guarantees compliance with Law 31173 on the return of money from the National Housing Fund (Fonavi) to around 2 million former workers who contributed to it.

In short, the autograph makes changes to the law approved in April of last year for immediate compliance, since after 9 months the process for the return of contributions has not been executed.

In detail, it is determined that the calculation of the refund will be the amount of the contribution of each speaker adapted to the Consumer’s price index (CPI); that is, current inflation.

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“The amount to be returned is not a calculation of unpayable amounts, but is the amount resulting from the liquidation of Fonavi assets and those that were acquired with its resources. No expenses are incurred from the Public Treasury “, he sustained Silvia Monteza, President of the Economic Commission.

However, the president of the Federation of Fonavistas, Luis Luzuriaga, claimed that changes were made to the opinion approved in committee by majority. And it is that yesterday in the Plenary session they only considered the return of the contributions of the ex-workers and excluded what was contributed by the employer.

From the Ministry of Economy and Finance (MEF) They calculated that with this change the debt to the phone speakers would be reduced from S / 42,000 million to S / 6,000 million.

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In this regard, Luzuriaga explained that initially a return of S / 15,000 was expected on average to each speaker, but with the changes the amount would be approximately S / 3,000.

“According to the ruling of the constitutional Court, Fonavi money is private money, both the contribution of the worker and the employer. The State cannot keep money that is not its own. The TC pointed out that the money is private and the property belonged to the worker, ”he said.

Ad Hoc Commission

Another change is in the number of members of the Ad Hoc Commission, group in charge of executing the return of Fonavi contributions.

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With Law 31173 it was established that the commission be headed and have a majority of members of the National Federation of Fonavistas of Peru (Fenafp), two from the MEF and one from the Social Security Standardization Office (ONP).

Instead, the autograph indicates that there will be three members of the MEF, one from the ONP and three from the Fenafp. With this, an immediate installation of the working group is sought.

Fonavi’s private fund

In the case of the return of Fonavi contributions, a public spending initiative is not required, since the resources are considered private; that is, the money corresponds to the workers, explained Luis Luzuriaga.

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He recalled that in 2003 the MEF identified up to S / 13,700 million of Fonavi assets. “18 years have passed and the debt is updated and the amount is much higher. Those are the resources that we ask that they give us back ”, pointed out the leader of the fonavistas.