It took 20 years for a new Recognition Bond to be approved in favor of contributors and former contributors of the Pension Standardization Office (ONP). On April 27, this initiative —admitted by insistence in the Congress—, became effective when it was published in the Official Gazette El Peruano; however, to date the regulations of said […]
Tag: ONP
ONP: payment to more than 660,000 pensioners begins next Monday, May 8
Starting next Monday, May 8, the Pension Standardization Office (ONP) will begin with the payment of pensions to a total of 661,832 insured of Decree Law No. 19990 throughout the country. Those who receive their pension through the bank account payment modality, the schedule established to make the deposits will be on May 8 and […]
Banco de la Nación: what is the payment schedule for ONP retirees in May 2023?
The Banco de la Nación published the payment schedule, corresponding to May 2023, for retirees from the different regimes administered by the Pension Standardization Office (ONP). Find out here what are the collection dates and who are the beneficiaries of these deposits. The payment to the bank accounts of the banks BBVA, Scotiabank, Interbank and […]
Law for the new ONP recognition bonus: who will be the first beneficiaries to receive it?
On April 27, it was published in the Official Gazette A Peruvian man the law of the new recognition bond. This measure that benefits both contributors and exporters of the Pension Standardization Office (ONP) was approved at the insistence of the Congress after obtaining a large majority of 86 votes in favor. New ONP Recognition […]
Recognition bonus will be transferred from April 2024
After being approved by insistence two weeks ago in plenary session, the Congress of the Republic published Law No. 31729 yesterday to update the recognition bond after 20 years. Former members of National Pension System (SNP) that moved to the Private Pension System (SPP) since 2002 will now be able to request the transfer of […]
Minimum pension in the AFPs would promote the departure of affiliates from the ONP
The Ministry of Economy and Finance (MEF) regulated the law that creates minimum pensions in the Private Pension System (Law No. 31670), whose deadline for publication had already expired. As a result, any active affiliate linked to the AFPs —it does not include those already retired— may voluntarily benefit from a Target Minimum Pension (PMO), […]
Going from the ONP to the AFP would only benefit 7.4% of affiliates
Although the recognition bond proposal has not yet been promulgated, its approval at the insistence of the Congress of the Republic confirms that it will be given at any time. There are almost a million and a half affiliates (between contributors and exporters) to the national system, between 30 and 39 years of age, who […]
Victorhugo Montoya: “Recognition bonus impacts analysis for an improvement in pensions”
After 20 years, the recognition bond will be updated thanks to a regulation promoted by Congress. However, the head of the ONP expresses his concern because this norm would generate a high fiscal cost for the State and a massive transfer of affiliates to the AFP. — What impact would the recognition bond (BdR) have? […]
ONP: “People think they are going to receive a very high recognition bonus and it doesn’t even reach S/4,000”
in dialogue with The Republicthe head of the Pension Standardization Office (ONP), Victorhugo Montoya, indicated that “it is a possibility” that the Government presents an unconstitutionality claim before the Constitutional Court (TC) for the autograph by insistence -approved by Congress- that updates the recognition bond for the contributors and ex-contributors of the ONP who migrated […]
Recognition Bonus: Everything You Need to Know
Last week, the Congress of the Republic approved the insistence of the measure that seeks to recognize an amount of money to affiliates who transferred from the Pension Standardization Office (ONP) to the AFPs since 2002. Given this, the contributors and exporters of National Pension System (SNP) want to know when they will start receiving […]