Five bills add up to laws (for now) that propose an eighth AFP retreat. Congress, through Economy Commissionhe already put the first stone to direct the debate, support of the parties and even the counterpoint with the pension reform approved last year and that in one of its provisions, puts a lock to more liberations […]
Tag: afp
Retirement of AFP 2025: New Congress proposal seeks to release up to S/21,400 of pension funds
Guido Bellido, from Podemos Peru, joined the list of congressmen who seek to authorize private sector workers to carry out an eighth withdrawal from pension fund managers (AFP), but in less time. This is the fifth bill that has been admitted for documentary process of Parliament in the first months of the year. In this […]
This is what you should do if your employer does not deposit the contributions of your AFP in Peru: So you can review your online account status
Every month, workers affiliated with the private pension system (Spp) They contribute a percentage of their salary to form a fund that guarantees a pension in their retirement stage. The employer is responsible for retaining and transferring these contributions to the pension fund manager (AFP) corresponding. However, in some cases, money does not become registered […]
Pension reform in Peru faces criticism for not addressing structural problems of the labor market
Despite the promulgation of Modernization Law of the Peruvian Pension System No. 32123in Congress there have been three new bills that propose additional retreats from AFP funds, which could affect the sustainability of the system and compromise the financial security of retirees. One of the principles of the new standard is to guarantee a state […]
AFP: SBS adjusts rules to improve evaluation and disability pension procedures
Within AFP benefits, disability coverage is part of the social protection scheme linked to the loss of capacity for work. The Superintendence of Banking, Insurance and AFP (SBS) modified the standards on benefits linked to the Disability Evaluation System (SEI) of the Private pension system (SPP). Within the AFP services, disability coverage is part of […]
If a relative died, so you can know if he left money in his bank account, AFP contributions or insurance in Peru, via SBS
When a loved one dies, in addition to emotional suffering, it is necessary to face various legal and financial responsibilities. One of the most relevant is the administration of savings and contributions in the AFP that the deceased person has left, in addition to their deposits, insurance, credit situation and affiliation to Private pension system […]
Peru Telefónica Crisis would impact AFP Affiliate Savings
Telefónica’s financial crisis of Peru could affect the contributors of pension fund managers (AFP). According to the Superintendence of Banking, Insurance and AFP (SBS), until August 2024 the AFPs maintained S/1,111 million in bonds of the Spanish company, which represented 1.04% of the total administered. “It draws a lot of attention because, for that date, […]
If you are not yet in an AFP, this is what you should know: maximum age of affiliation, requirements and options in 2025
Private Pension Fund Administrators (AFP) They manage the pension savings of workers in order to increase their capital in the long term and ensure adequate pension at the time of retirement. During the last 31 years, the Private pension system (SPP) It has registered an average nominal profitability of 10% per year. This context has […]
AFP retirement: Minister of Economy against projects that seek to release pension funds
There are a few days left for the beginning of the second legislature and from Congress they are ready to resume the functioning of parliamentary commissions. Precisely, one of the pending issues is to analyze the three bills that seek to authorize an eighth withdrawal of pension fund managers (AFP). The Economy Commission chaired by […]
AFP retirement: Minister of Economy against projects that seek to release pension funds
There are a few days left for the beginning of the second legislature and from Congress they are ready to resume the functioning of parliamentary commissions. Precisely, one of the pending issues is to analyze the three bills that seek to authorize an eighth withdrawal of pension fund managers (AFP). The Economy Commission chaired by […]