Last Monday, the Podemos Peru bench presented a series of bills related to the withdrawals of the Compensation for Time of Service (CTS) and with the Administration of Pension Funds (AFP). One of these legal proposals seeks that members of the private pension system can have access to up to 50% of your AFP for […]
Tag: afp
They present a bill to withdraw up to S / 18,400 from the AFP in 2022
Affiliates of the Private Pension Fund Administration System (AFP) could withdraw up to S / 18,400 (4UIT) from their individual capitalization account, according to a bill by the congressman of Podemos Peru José Luna Gálvez. The legal proposal seeks to authorize in an extraordinary and optional way the withdrawal of funds from the AFPs to […]
Congress resumes project on the transfer of AFP funds to banks and savings banks
The Congress of the Republic seeks to resume the proposals of free disaffiliation of the AFPs to transfer the funds to financial entities, this in order to give greater competition to the private pension system, going from 4 to about 40 administrators, which would generate better cost effectiveness. The potential transfer amount would be S […]
Congressional Commission approves opinion that enables voluntary contributions to AFPs
The Economy, Banking, Finance and Financial Intelligence Commission approved with 13 votes in favor and one abstention the opinion proposed by the Law that creates minimum pensions and that promotes the flexibility of the law so that members can make alternative voluntary contributions for social security purposes. The commission led by the legislator Silvia María […]
Economic Commission aims at the return of contributions and pension reform
This Monday, December 6, the simplification of procedures for those seeking to access proportional pressure will be discussed, as well as evaluating the viability of granting new recognition bonuses and proportional pensions to citizens with less than 10 years of contribution, according to the congresswoman Silvia Monteza, who chairs the Economic Commission of Congress. Likewise, […]
Union of the AFPs warns of “risks” to the pension system with legislative projects
The former Minister of Economy, David TuestaHe pointed out that “there are legislative bills that would destroy the pension system in Peru,” which would leave citizens without sustenance for old age. “In this new Congress, which has only been in operation for three months, at least seven bills have already been presented on the subject […]
AFP disbursed more than S / 29 billion to contributors with Law 31192
The Private Pension Fund Administrators (AFP) disbursed exactly 29,880 million of suns to its affiliates, from their pension savings to first week of the month of September. For this, they followed the faculties that are arranged in the Law 31192, as reported by the Superintendency of Banking, Insurance and AFP (SBS) last Sunday, October 30. […]