news agency
Fonavi: Executive raises individual accounts to return contributions

Fonavi: Executive raises individual accounts to return contributions

The Executive Power made official its proposal for the return of money from the National Housing Fund (Fonavi), which differs from the autograph approved by the Congressand was observed by the Government.

To whom and how much will be returned?

Palacio’s initiative guarantees the return of contributions to dependent and independent workers, and emphasizes that this, in total, amounts to just over S / 6,684 million.

individual account

The Government is also proposing the construction of the individual account of contributions actually made by the phonavistas in an updated way.

Thus, public and private employers must submit to the Technical Secretariat for Support to the Ad Hoc Commission, the information with the periods and amounts contributed by their workers; in a complementary manner, the former contributor may submit supplementary documentation that serves to prove their contributions.

Nevertheless, as long as the construction of the Individual Account is completed that establishes the total amount to be returned, it is provided that an immediate return be made as payment on account. “In case there is a difference between both amounts, the one that is more favorable to the Fonavista will be considered as a refund,” the proposal points out.

In this sense, according to the calculations of the Ministry of Economy and Finance (MEF), each Fonavista will immediately receive from S/ 420 to S/ 700 as payment on account.

It is necessary to remember that Congress is seeking to return more than S/ 42,000 million –the total amount of the debt to Fonavistas, considering contributions from their employers–, and each Fonavista would receive an average of S/15,000. The Economy Commission will go by the insistence for its subsequent debate in plenary.

Public and private employers must submit information with periods and amounts contributed by their workers to Fonavi. Photo: The Republic

Source: Larepublica

You may also like

Hot News

TRENDING NEWS

Subscribe

follow us