Executive signed the AFP withdrawal law that allows the disbursement of up to S/18,400 | ECONOMY

The president of the Republic, peter castle, signed this Friday the law that allows the extraordinary withdrawal of private pension funds for up to 4 UIT (S / 18,400) in the context of the Covid-19 pandemic. In the ceremony, held at the Government Palace, also participated Betssy ChávezMinister of Labor and Employment Promotion.

The rule will be published tomorrow in the official newspaper El Peruano. Likewise, the Superintendence of Banking and Insurance must regulate the rule in the next 15 days.

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After an exhaustive analysis of our team, the Government has decided to sign the autograph of the law that authorizes the extraordinary withdrawal that authorizes the extraordinary withdrawal of private pension funds, AFP, of up to S / 18 thousand soles for its promulgation. We hope that within a maximum period of 15 days, workers can submit their requests to withdraw contributions from their savings.Castle said.

By placing our rubric we want to relieve the economy of thousands of Peruvians who have fundamental needs to cover in health, education, feeding their children or have outstanding debts or commitments to pay.”, he added.

He also announced that the Executive would form a team to lead a reform of the National Pension System, although he did not give more details about it. “Soon we will form a team that will work on the reform of the National Pension System that will allow Peruvians to access a fair retirement“, he pointed.

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It must be specified again that this withdrawal is not an obligation that is being imposed on absolutely no one. What is being granted is a total and eventual power for everyone to evaluate the relevance of continuing to save bread for MayChavez said.

With this exceptional measure we are making available to the Peruvian people what belongs to them and that they were not allowed to touch”, he added.

Although there is still no official schedule for the retirement of the AFP, the proposal establishes that the disbursement will be made in three installments. The first will be up to a UIT that will be carried out within a maximum period of 30 calendar days after submitting the request to the AFP. The second disbursement will also be for up to one UIT and will be given within a maximum period of 30 calendar days, while the third will be the remainder of the amount requested up to 2 UITs and will also be delivered within a maximum period of 30 calendar days.

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