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AFP: how much money should I have in my fund to receive a pension of S/1,000?

AFP: how much money should I have in my fund to receive a pension of S/1,000? AFP: how much money should I have in my fund to receive a pension of S/1,000?

Retirement is a right of workers to enjoy their remuneration after having concluded their employment relationship and in compensation for the years of service they provided. To enjoy a pension, it is necessary to plan our economy from a young age and practice healthy financial savings habits. Below, we share some recommendations from the Peruvian […]

AFP Retirement 2023: what did the MEF say about an eventual disbursement of the pension fund?

AFP Retirement 2023: what did the MEF say about an eventual disbursement of the pension fund? AFP Retirement 2023: what did the MEF say about an eventual disbursement of the pension fund?

The debate of the 11 bills that seek to authorize a seventh withdrawal of AFP funds will begin in the coming weeks, as announced by the president of the Congressional Economy Commission, César Revilla. The MEF has been warning about the impact that the approval of this rule would have on the country’s fiscal management […]

Companies that owe pension contributions will be able to access the AFP-Private Repro until December 31

Companies that owe pension contributions will be able to access the AFP-Private Repro until December 31 Companies that owe pension contributions will be able to access the AFP-Private Repro until December 31

The Superintendency of Banking, Insurance and AFP (SBS) approved this Monday, September 18, the operating procedure of the Regime for Reprogramming Pension Contributions of the Private Pension System (SPP) for private sector entities, called Repro AFP-Private. In this way, companies that owe pension contributions will be able to benefit from said regime and regularize their […]

What is the situation of the AFP 2023 withdrawal in Peru? All the details of the eventual disbursement

What is the situation of the AFP 2023 withdrawal in Peru? All the details of the eventual disbursement What is the situation of the AFP 2023 withdrawal in Peru?  All the details of the eventual disbursement

Due to the economic crisis and the rise in food prices, many Peruvians wonder if there will be a new withdrawal from the AFPs that will allow them to have extra money. In this regard, there are 10 bills in Congress to authorize the release of these funds, but they did not prosper in the […]

The AFPs earned more than S/248 million in the first half of 2023

The AFPs earned more than S/248 million in the first half of 2023 The AFPs earned more than S/248 million in the first half of 2023

From January to June this year, the four Pension Fund Administrators (AFP) obtained a profit of S/248 million 367,000which represents a growth of 12.4% compared to the same period in 2022, when net profit was S/220 million 911,000, according to official data from the Superintendency of Banking, Insurance and AFP (SBS). According to the financial […]

SBS facilitates the judicial collection that the AFPs require from employers with unpaid contributions

SBS facilitates the judicial collection that the AFPs require from employers with unpaid contributions SBS facilitates the judicial collection that the AFPs require from employers with unpaid contributions

More than S/33,000 million are owed by public entities and private companies to the Pension Fund Administrators (AFP). This corresponds to pension contributions not made despite having been deducted from workers’ salaries. Given this, the Superintendency of Banking, Insurance and AFP (SBS) has issued provisions so that the collection of these debts can be more […]

AFP 2023: what is known about a possible seventh withdrawal of funds?

AFP 2023: what is known about a possible seventh withdrawal of funds? AFP 2023: what is known about a possible seventh withdrawal of funds?

The Second Legislature of the Congress of the Republic came to an end and various bills were shelved. Some of them are those related to the seventh withdrawal of the Pension Fund Administrators (AFP), which were not prioritized by the Economy Commission to become an opinion and achieve their subsequent approval in plenary. In this […]

How to verify if my employer is paying my AFP contribution?

How to verify if my employer is paying my AFP contribution? How to verify if my employer is paying my AFP contribution?

Do you want to verify your contributions from the AFP? Review the following information to find out if the company you work for pays you this benefit and find out what to do in case of non-compliance. Bonus and Christmas bonus 2023: which workers receive full salary in July and who only S/300? Price of […]

Executive seeks to reduce the commission paid by AFP affiliates: who is it addressed to and what is the proposal about?

Executive seeks to reduce the commission paid by AFP affiliates: who is it addressed to and what is the proposal about? Executive seeks to reduce the commission paid by AFP affiliates: who is it addressed to and what is the proposal about?

On the march to reform the pension system in Peru, they have already been ruled in the Congress the proposals of the Commission of Economy and the one of Job. The Executive, for its part, presented its own project last Tuesday after several months of delay. In the document published by the Ministry of Economy […]

AFP Withdrawal 2023: what is known so far about the projects seeking the release of funds?

AFP Withdrawal 2023: what is known so far about the projects seeking the release of funds? AFP Withdrawal 2023: what is known so far about the projects seeking the release of funds?

Four months have passed since the first proposal for a seventh AFP withdrawal was presented. However, to date, the initiative led by Congresswoman Digna Calle is on file without registering any progress in its debate. What is known so far about the others? Projects requesting a new release of funds individual? We tell you here. […]

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