It took 20 years for a new Recognition Bond to be approved in favor of contributors and former contributors of the Pension Standardization Office (ONP). On April 27, this initiative —admitted by insistence in the Congress—, became effective when it was published in the Official Gazette El Peruano; however, to date the regulations of said […]
Tag: afp habitat
SBS: conditions and benefits of the minimum pension will depend on the AFPs
For example, if an affiliate wants to dispose of his surplus, the AFP must inform him from when he will be able to do so, according to the complementary guidelines to the minimum pension regulations. Dollar price today in Peru: what is the exchange rate for this Friday, April 28? Non-working day: how much should […]
How to find out which AFP you are affiliated with and how much money you have saved in your pension fund?
Since the start of the COVID-19 pandemic, six extraordinary withdrawals from the Pension Fund Administrators (AFP) have been authorized in Peru, which involved the release of S/87,962 million, according to data from the AFP Association. Now, from the Congressa new disbursement of individual funds is promoted which, despite the position against the Ministry of Economy […]
AFP Withdrawal 2023: what does the SBS think about a new disbursement of funds?
There are six bills that seek to authorize a seventh release of individual funds from the Pension Fund Administrators (AFP). Are proposalswhich are awaiting an opinion in the Economy Commissionhave caused diverse opinions and positions on various fronts such as the Ministry of Economy and Finance (MEF), the Central Reserve Bank of Peru (BCRP), the […]
How much commission do the AFPs charge you for managing your individual fund?
Contributors to the Private Pension System (SPP) should know that the AFPs charge them a commission for managing their individual funds. These percentages can be on the flow or balance of the affiliate, according to the Superintendency of Banking, Insurance and AFP (SBS). How do you know what kind you belong and how much do […]
AFP: In which cases can I withdraw up to 95.5% of my pension fund?
According to figures from the Superintendence of Banking, Insurance and AFP (SBS), the affiliates of the Private Pension System (SPP) who decided to withdraw up to 95.5% of their individual capitalization account managed by the AFPs reached the figure of 478,026 as of January this year. In which cases can this percentage of the funds […]
AFP: How much can I have in my fund to buy a home and what are the steps to follow?
Affiliates to the Private Pension System (SPP) should know that they have the possibility of requesting part of their accumulated fund in the AFP if they are interested in buying a living place. This option was regulated in July 2016 through the Law No. 30478 and to this day it is still valid. How much […]
New AFP 2023 withdrawal: what do the MEF and the BCRP think about a new release of funds?
Six projects that request a seventh withdrawal of the individual funds of the AFPs are awaiting an opinion in the Economic Commission of Congress. The first legislative initiative that raises a disbursement of 4 UIT (S/19,800) was presented on February 8; however, to date, their debate has not been scheduled. In the last session of […]
AFP Retirement 2023: which of the 6 bills raises a higher disbursement for affiliates?
In the Economy Commission of the Congress they rest 6 bills that propose a seventh withdrawal of individual AFP funds. Are legislative initiatives keep thousands of contributors in suspense they want to see their saved money in their bank accounts. However, from the sidewalk Executive and of the Central Reserve Bank of Peru (BCRP) have […]
Integrated Pension System: what is the proposal of the Labor Commission about and why was it rejected?
Latest Friday March 24, the Work Commission of the Congress of the Republic rejected, with 11 votes against and 8 in favor, the first proposal that points to the reform of the pension system called Universal Integrated Pension System (SIUP). What does this initiative promoted by the aforementioned working group consist of and why has […]