As of February 2023, 151,017 private sector employers failed to deposit their workers’ contributions to their pension fund, revealed the Association of Private Pension Fund Administrators (AAFP). In this way, the private sector owes S/18,433 millionaffecting 1 million 202,028 affiliates, who have not seen said contributions in their individual accounts, despite the fact that they […]
Tag: afp
What happens if my company discounted the AFP, but did not make the deposit?
Every month, companies retain 10% of the remuneration of the worker to later be transferred to his individual capitalization account of the Pension Fund Administrator (AFP) to which he is affiliated. This amount is key, because it will ultimately be a savings that will later be destined for retirement at the end of your work […]
Companies will be able to split debts with the AFPs up to 60 installments
There are 151,017 employers who have not deposited their workers’ contributions to their pension fund, which affects 1,202,028 affiliates. Bonus and Christmas bonus 2023: which workers receive full salary in July and who only S/300? Price of the dollar today in Peru: what is the exchange rate for this Wednesday, July 5? Private sector companies […]
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 […]
Minimum pension would benefit those who earn the most
Although the draft to reform the Executive’s pension system was prepared by various actors such as the Central Reserve Bank (BCRP) and the Superintendence of Banking and Insurance (SBS), it is already receiving severe criticism, since it would not propose substantial changes. for the economist javier oliverathe document does not contemplate a comprehensive system and […]
Executive raises review to raise the retirement age
He Executive, through a Multisectoral Commission, presented last Tuesday the 20th its regulatory proposal to reform the pension system. In the 23-page document, he outlines specific points about the automatic enrollment from the age of 18, the creation of a minimum pension and, among others, a periodic review to raise the legal retirement age, which […]
Pension reform: Aspec requires affiliate participation in AFP investment committees
The Peruvian Association of Consumers and Users (Aspec) He once again expressed his concern regarding the Opinion approved by the Congressional Economy Commission that drastically reforms the Pension System in force in Peru. The device promoted by congresswoman Rosangella Barbarán establishes measures that, for Aspec, will harm both the affiliates of the Private Pension System […]
MEF will present today a proposal for the pension reform of the Executive
During the Infrastructure event for the productive diversification of Proinversión, the head of the Ministry of Economy and Finance (MEF), Alex Contreras, He pointed out that the initiative has the favorable approval of the Central Reserve Bank (BCRP) and the Superintendency of Banking and Insurance (SBS). “There is a project agreed upon at the Executive […]
Pension reform: who is the most affected if the ONP model disappears?
In recent weeks, the debate for the pension reform has intensified in the Congress of the Republic. Of this, two opinions advanced to be evaluated in the Full. However, the president of the Labor Commission, Sigrid Bazan, denounced that the Fuerza Popular bench gathered signatures to set aside their pension reform proposal so that only […]
Reform to the pension system reaches the Plenary without consensus
The Congress of the Republic has two proposals (see infographic) to reform the Peruvian pension system, whose contents are far from each other in substance and form. Specialists agree that the ideal would have been to work on a single initiative, as was the case of the Special Multiparty Commission led by Carmen Omonte; but […]