He withdrawal of funds from the Pension Fund Administrators (AFP) It is a significant opportunity for members who seek to use their savings from their pension system if they see fit. The Superintendence of Banking, Insurance and AFP (SBS) established a schedule based on the last digit of the DNI to maintain a specific order […]
Tag: afp
This is the OFFICIAL schedule for the withdrawal of the AFP: find out when to COLLECT up to 4 UIT, according to your DNI
The process for the withdrawal of pension funds is about to begin. This May 20, according to the schedule established by the AFP Association, free online registration begins for the first group of those who are in any of the 4 Pension Fund Administrators that operate in the country. This fact will occur after the […]
How do I know which AFP I am in? Use this LINK to consult for free with DNI
For many Peruvian workers, it is of utmost importance to know which Pension Fund Administrator (AFP) they are affiliated with, since this directly impacts the management of their retirement savings. The Superintendency of Banking, Insurance and AFP (SBS) offers an easy and free way to make this query when using your DNI. In this article, […]
Reform of the pension system: this is how a new method of fundraising would work
Last May 13, the Congressional Economic Commission approved the opinion that proposes the “Law to modernize the Peruvian Pension System“. This initiative, which brings together 59 law proposals, has the main objective of strengthening the economic stability of Peruvians in their retirement. One of the projects of this reform is the introduction of the “consumption […]
Pension reform: these are the main points approved by the Economy Commission
The pension reform approved last Tuesday in the Economy, Banking, Finance and Financial Intelligence Commission of the Congress of the Republic would bring greater competition in the supply of pension managers. In addition, it would provide a consumption pension as a mechanism for complementary contributions and a minimum pension for the Private Pension System. In […]
Minimum pension will be conditional on non-withdrawal of AFP funds
The Economy, Banking, Finance and Financial Intelligence Commission of the Congress of the Republic approved the opinion on the reform of our country’s pension system, which maintains the multi-pillar contributory, non-contributory, semi-contributory and voluntary model. One of the main changes is in the consumption pension, intensely promoted by Fuerza Popular. As a result of the […]
Economy Commission approves opinion to reform the pension system
After a tense debate, the Economic Commission of the Congress of the Republic approved this afternoon the opinion that proposes reforming the pension system. The proposal, which accumulates 59 bills, obtained 14 votes in favor, 6 against and one abstention. Among the legislators who make up this Commission, led by César Revilla, were Rosangella Barbarán, […]
AFP Withdrawal 2024: discover how to grant a power of attorney from abroad to access the disbursement of funds
In an increasingly globalized world, cross-border financial management has become a necessity for many citizens who work or reside outside their home countries. In this sense, the National Superintendency of Public Records (Sunarp) and the Ministry of Foreign Affairs of Peru have simplified the process of granting powers for the withdrawal of funds from the […]
AFP and CTS Retirement 2024: which of the two would be delivered first and from when could it be accessed?
Workers are eagerly awaiting the arrival of the month of June to access the withdrawal of their money accumulated in the Pension Fund Administrators (AFP) and the Compensation for Time of Service (CTS), after the approval of two regulations in Congress that authorize these disbursements. As is public knowledge, since Monday, May 20, the registration […]
Pension for consumption could work in exchange for not approving AFP withdrawals, according to Minister Arista
José Arista, Economy Minister, referred to a possible change in the pension fund system. In the extraordinary session of the Economy Commission, Arista referred to the proposal proposed by the delivery of minimum pensions that would be paid in part by the State. He added that the proposal must be accompanied by a measure that […]