Although the Economic Commission of the Congress of the Republic had planned to debate this Wednesday the 6th the report proposed by the “law of modernization of the Peruvian Pension System”, finally the session was postponed and an extraordinary session would be called for the next few days . However, the proposal prepared by said […]
Tag: Pension reform
MEF: currently to receive a pension of S/500 a person must earn S/2,500
Minister Alex Contreras maintains that the Executive’s pension reform will maintain the pay-as-you-go system so as not to leave citizens unprotected. Join the La República WhatsApp channel GO 🇻🇪 Price of the dollar today in Peru: what is the exchange rate for this Tuesday, October 31? Bonus of S/600 to public workers will be paid […]
ONP members will be able to migrate to the AFP without losing their contributions, the Executive Branch proposes
Pension reform endorsed by the MEF breaks the locks that govern the current model. Citizens will also be able to choose between insurance companies or financial entities to manage their money. Join the La República WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Wednesday, October 11? Wholesale […]
Reform of the pension system: what is the Executive proposing?
The Executive Branch is close to presenting its proposal to reform the pension system, after 30 years of the private regime of the AFPs and the ONP in the market, in order to include more competitors, reduce commissions, increase the amount received by retirees and include the independent. Minimum pension of S/600 in the AFP […]
MEF: minimum pension in the AFP and ONP would be S/600 in the new pension system
The head of the Ministry of Economy and Finance (MEF), Alex Contreras, announced that in the final proposal for the pension reform that the Executive Branch will present to the Congress of the Republic, a minimum pension of S/600 for members of the National Pension System (SNP) – administered by the ONP – and the […]
Increase in the pension for retirees: since when would it be effective and what is missing before it is enacted?
The announcement by the president, Dina Boluarte, and the Minister of Economy, Alex Contreras, regarding the increase in the minimum pension, from S/500 to S/600, has generated expectations among retirees from the Pension Standardization Office (ONP). . Since 2019, this amount has not been readjusted and many wonder about the procedure to make this measure […]
AFP 2023: what is known about a possible seventh withdrawal of funds?
The Second Legislature of the Congress of the Republic came to an end and various bills were shelved. Some of them are those related to the seventh withdrawal of the Pension Fund Administrators (AFP), which were not prioritized by the Economy Commission to become an opinion and achieve their subsequent approval in plenary. In this […]
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 […]
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 […]