The pension system reform it has returned to the public agenda and both the Congress of the Republic and the Government are summoning the various actors to refine their proposal. However, the Executive Power would plan to present two initiatives, one would be in charge of the Ministry of Economy and Finance (MEF) and the […]
Tag: Pension reform
Pension reform in France enters its crucial week
The reform of the pensions in France of the liberal president Emmanuel Macron enters this week in the final stretch, with an expected final vote on Thursday despite the popular and union rejection that called for new protests for Wednesday. “We will not give up on our pension reform“, that “It is called to be […]
ONP Recognition Bonus: Economy Commission insists on its update and goes to the Plenary
With 17 votes in favor, 0 against and three abstentions, the Economy, Banking, Finance and Financial Intelligence Commission of the Congress of the Republic approved this Wednesday, March 8, the insistence opinion that updates the recognition bonus to the contributors and ex-contributors of the Pension Standardization Office (ONP). In this way, the initiative, which was […]
MEF: New AFP withdrawal would affect the reform of the pension system
“What reform are you going to do if there are no funds?” said Minister Alex Contreras. Executive will present this month its strategy to renew the pension model. The head of the Ministry of Economy and Finance (MEF), Alex Contrerasurged Congress to put an end to any initiative that authorizes a new withdrawal of funds […]
If I only have 7 years of contribution to the ONP, can I still receive a pension?
More than 24,000 affiliates received proportional pensions at the end of 2022. What facilities does the ONP to access a pension without having the required 20 years of contribution? Until before the 2021to access a pension of retirementthe members of the Pension Standardization Office (ONP) they had to meet two fundamental requirements: be 65 years […]
AFP 2023: what is missing for the bill on a new withdrawal of up to S / 19,800 to materialize?
According to the legislative proposal, more than 8.9 million AFP affiliates would benefit from the new withdrawal of funds. Find out the steps that are missing to approve this initiative and how much the delivery of the first army would be. Great expectation has caused in the members of the Private Pension Fund Administration System […]
The AFPs propose a minimum pension for all Peruvians
Every citizen at birth, regardless of whether they will work independently or informally, will have a guaranteed pension after at least 10 years of contributions, the AFPs propose for the pension reform. The Association of AFPs (AAFP) presented its proposals for the reform of the pension system, which moves away from the equation the administrative […]
France mobilizes again for pension reform
Public transport, classes and electricity, oil and gas supplies were disrupted across France on Tuesday in the third round of protests and strikes against government plans to reform pensions. The demonstrations come a day after legislators began debating in parliament the bill that will raise the minimum retirement age from 62 to 64 years. It […]
French government approves pension reform despite popular rejection
The government of French President Emmanuel Macron approved his pension reform on Monday, against which more than a million people demonstrated on Thursday, which is now beginning its parliamentary process while the protests continue. Despite the majority rejection of public opinion, the government reiterated its commitment to delay the retirement age from 62 to 64 […]
Pensions: what are the differences between the AFPs and the ONP?
Many workers wonder about the best option to save their money and be able to receive a decent pension in the future. In Peru, there are two ways: join the Private Pension System through a AFP or to the National Pension System through the ONP. In that line, the differences are several. Below we tell […]