Today in the Congressional Economy Commission two bills will be supported that seek to authorize a seventh withdrawal of contributions in the AFP to mitigate the increase in the cost of living, thus marking the first step for this debate. In detail, projects 03585/2022-CR and 04190/2022-CR will be presented, which propose improving the interest earned […]
Tag: afp
AFP: reduce disability insurance rate, survival and funeral expenses
Those affiliated with Private Pension System (SPP) They will pay 1.70% for the pension insurance rate starting in 2024. This was announced today by the AFP Association at the closing of the seventh tender for disability, survival and funeral insurance under a collective policy (Sisco VII). “The current rate of 1.84% drops to 1.70%. With […]
ONP: know the October pension payment schedule
The ONP will pay the pensions for the month of October into the bank accounts of 670,662 DLN° 19990 pensioners throughout the country. Payment starts from Friday, October 6th to Wednesday, October 11th. Retirees will be divided into four groups by the first letter of their paternal surname, according to the following schedule: Paternal surname […]
AFP: how to access early retirement at age 50 and what are the requirements?
Review all the requirements and steps to access this modality of the Private Pension System that allows you to retire before the age of 65. Join the La República WhatsApp channel If you are looking to advance the moment of your retirement, you have to read this note. It turns out that since 2021 Law […]
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
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 […]
Pension reform must include informal workers
AFP must adapt to reality Ignacio Aramburú, CEO of Profuturo AFP The private pension system has been designed for an entirely formal worker who spends his entire working life on a payroll; The problem is that in Peru you not only have a very large mass on the informal side but even those who are […]
AFP in favor of opening the market to lower commissions
In Peru, it is questioned whether the market for AFP It is oligopolistic, because in the 30 years that the private pension system has existed, there are only four companies in charge of managing the funds of 8.9 million workers: AFP Integra —which concentrates the majority of affiliates—, Profuturo AFP, Prima AFP and AFP Habitat […]
César Revilla: “You have to evaluate how many will benefit (a new withdrawal from the AFPs)”
The president of the Economic Commission of the Congress, Cesar Revilla, has made it clear that during his tenure, the proposals that seek to authorize the seventh withdrawal of funds from the AFPs will be evaluated, having the voice of the affiliates. In addition, he informed that the Fonavi issue is a priority, as well […]
Withdrawal of funds from the AFPs will return to the debate in Congress
There are already 11 bills presented in the Congress that seek to authorize a new withdrawal from the AFPs; The last one is from José Luna Gálvez (Podemos Peru) who proposes that up to S/19,800 (4 UIT) be available. The initiatives presented by congressmen from different benches respond to the clamor of hundreds of families […]