The Private Pension Fund Administrators (AFP) disbursed exactly 29,880 million of suns to its affiliates, from their pension savings to first week of the month of September. For this, they followed the faculties that are arranged in the Law 31192, as reported by the Superintendency of Banking, Insurance and AFP (SBS) last Sunday, October 30.
In that sense, Law 31192 grants AFP affiliates the optional withdrawal of their retirement savings in an amount of up to four tax units (FROM), that is to say, 17,600 soles in order to mitigate the family economy seriously affected by the health crisis caused by COVID-19.
Likewise, the applications submitted under the said precept reached the 3 million 115,979. Of that figure, a total of 1 million 650,000 contributors private pension entities were required to withdraw their individual capitalization account (CIC) in its entirety, taking advantage of the aforementioned precept, explained the SBS to the Andean Agency.
The people who made the most withdrawals of their pension savings to the Private Pension System (SPP) were between 36 and 40 years of age, added the entity.
It is important to note that in total, taking into account the five approved withdrawals by the Government during the coronavirus pandemic, it is estimated that around 66,500 million soles.
Law that authorizes the withdrawal of up to S / 17,600 from private pension funds
On May 7, the Congress of the Republic made official the precept that authorizes, in an extraordinary way, the withdrawal of optional way of up to four tax units (UIT) or 17,600 soles of your funds accumulated in the SPP.
Also, the Thursday, May 6 the legislature approved the opinion insistently with 109 votes in favor, zero against and three abstentions.
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