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AFP: What are the projects that offer new withdrawals about?

The Ministry of Economy is already warning that a new exit from the AFP would be the “worst measure”. | Fountain: Andean

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Last month congressmen they have submitted more than three legislative proposals that propose a new disbursement of funds from the administrators of the pension fund (AFP)

One of the bills proposes a payment of 3 UIT, equivalent to 14,580 S/ private pension funds.

The measure, proposed by Congressman Victor Kutipa, comes in the face of a social and political crisis that is causing economic problems due to falling consumption, demand for goods and services, and job losses.

In addition, more than a month ago, another project was presented, offering withdrawal of 4 UTIIwhich is equivalent to SGD 19,800, from AFP.

According to Congressman Dign Kalle, the goal of the initiative is to empower members “in an extraordinary and optional manner” Private AFP System withdrawal of funds accumulated on their individual capitalization accounts.

The measure will not apply to those who are eligible for early retirement due to unemployment.

Another new project proposes to withdraw up to 50% of pension funds in order to cancel debts member contract in the financial system.

The measure, proposed by the Podemos Peru parliamentary group, proposes that this exemption be used to pay for personal loans, credit cards or other funding received in Banking organizations formal.

In addition, the presence of 50% of the AFP depositor fund will allow you to pay the down payment for the first property, provided that it is a mortgage loan.

It should be remembered that currently the withdrawal of up to 25% of savings retirement cancel the initial of the first house.

Keep in mind that none of these measures have yet been approved in the plenary session of Congress, so there is still no timetable for the withdrawal of funds.

Source: RPP

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