The Peruvian Association of Consumers and Users (Aspec), in front of executive branch bill Regarding the reform of the pension system, he considered that this initiative should be evaluated carefully by the Congress of the Republic and listening to the voice of the affiliates, which has not happened until now. For Aspec, the Executive Branch’s […]
Tag: afp
More than 5 million AFP members have less than S/4,950, according to the SBS
As of June 2023, of the 9.1 million members of the private pension system, 5.1 million have less than S/4,950 (1 UIT) in their individual capitalization accounts (CCI) when before the pandemic they reached 3.1 million. Likewise, 2.3 million have empty accounts, according to the Superintendency of Banking, Insurance and AFP (SBS). “82% of (AFP) […]
Pension reform: Executive proposes raising the minimum, proportional and maximum pension
The Executive Branch today sent the Congress of the republic, his bill to create the new Peruvian pension system. This in order to join the debate for the reform of the pension system that has been discussed in the Legislature. Among some of the new features that the proposal brings is the increase in the […]
AFP Withdrawal: when was the last time the release of funds was authorized and how much was returned?
Between the Executive and Legislature, the withdrawal of pension funds was authorized on six occasions. Join the La República WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Wednesday, October 11? Wholesale price of lemon has fallen up to 54% so far in October Currently, it is being […]
Insurers will enter the pension market
After the hangover of the long holiday, the Council of Ministers agreed on Monday, October 9, on the bill to reform the pension system, which, as of the closing of this note, has not yet been sent to Congress. However, the Minister of Economy and Finance, Alex Contrerashas shed light on the criteria that make […]
Government approved its proposal to reform the pension system
As planned, the Minister council approved this Monday, October 9, the bill that creates the new Peruvian pension system, which will be sent to the Congress of the republic for your discussion. The initiative seeks to establish a minimum pension of S/600 for members of the ONP and AFP. “We have agreed to urgently send […]
Repro AFP III: they make official the law for entities to pay debts to the AFPs
He Congress of the republic made official the law that establishes the regime for rescheduling the payment of pension contributions to the pension funds of the private system of administration of pension funds owed by public entities (REPRO AFP III), accrued until December 31, 2022, which were not canceled at the time. The Law No. […]
Congress willing to focus the withdrawal of pension funds
In the Congress of the Republic, the discussion of a new withdrawal from the AFP has been put back on the agenda as an immediate option that can counteract the effects of inflation on families’ monthly income. He Executive power He has already given signs that he will support this measure as long as it […]
The AFPs earned more than S/332 million between January and August of this 2023
Between January and August 2023, the profits of the four Pension Fund Administrators (AFP) amounted to S/332 million 385,000, which represents a growth of 12.3% compared to the same period last year, when they reported a profit net of S/295 million 914.00, according to information from the Superintendency of Banking, Insurance and AFP (SBS). Only […]
MEF: minimum pension in the AFP and ONP would be S/600 in the new pension system
The head of the Ministry of Economy and Finance (MEF), Alex Contreras, announced that in the final proposal for the pension reform that the Executive Branch will present to the Congress of the Republic, a minimum pension of S/600 for members of the National Pension System (SNP) – administered by the ONP – and the […]