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), […]
Tag: ONP
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 […]
ONP: how to check your account statement and know how many accredited contributions you have?
All members of the National Pension System (SNP) should know that they have the option that makes it possible to review the account status of their contributions to the Pension Standardization Office (ONP) through Internetwithout the need to go to a state office. ONP: How to know the amount of contributions you have? As established […]
Recognition bonus may only be collected at age 65
After approving the update of the recognition bonus for those affiliates of the ONP who migrated to the AFPs from 2002 —or seek to do so now—, from the Central Reserve Bank of Peru (BCRP) warn that the initiative promoted by Congress places the public system on the ropes. According to Carlos Montoro, manager of […]
New ONP Recognition Bonus: who will be beneficiaries and what is missing for it to come into effect?
After being observed by the Executive in February of this year, the Congress of the republic decided to approve by insistence the handwritten law that authorizes a new recognition bonus for members who migrated from the Pension Standardization Office (ONP) to the Pension Fund Administrators (AFP). In figures, they are 3.1 million people who moved […]
3.1 million affiliates who went from the ONP to the AFPs will receive a recognition bonus
More than 3.1 million members of the National Pension System (SNP) that decided to switch from 2002 to 2021 to the Private Pension System (SPP) -made up of the AFPs- will receive the recognition bonus, that is, they will be recognized for the contributions they made during their stay in the ONP. This, after the […]
ONP: 4.6 million would stop contributing after the Recognition Bond was approved
After the Congress of the Republic approved, on April 13, at the insistence of the autograph of the law that updates the Recognition Bond for contributors and ex-contributors of the Pension Standardization Office (ONP), the latter entity ruled and pointed out that this measure will seriously jeopardize the sustainability of the National Pension System (SNPs). […]