AFP-affiliated workers still have a deadline to request a withdrawal of up to S$18,400 from their pension funds.
This was confirmed by the AFP Association (AAFP) upon completion schedules set to withdraw contributions approved a few months ago.
As stated, from July 26, participants who have not yet applied for withdrawal of contributions will be able to do so freely, that is, without the need for a schedule.
To ask for a part of you Pension Fund You can access the consultaretiroafp.pe website from Monday to Friday from 8:00 am to 6:00 pm.
However, it is not possible to register an application on July 28 and 29 due to the holiday. The AFP states that there is no service on the withdrawal platform during the holidays.
As per what was set initially, these withdrawal requests can be made by September 10 next year.
What else should we consider?
Members can receive their money into accounts at financial institutions such as BBVA, BCP, Interbank, Scotiabank, BanBif, Banco de Comercio, Banco GNB, Banco Ripley, Banco Falabella, Caja Huancayo and Caja Sullana.
To request a withdrawal, you must log in to https://www.consultaretiroafp.pe/#/bienvenido.
After logging into the network, they will tell you how much money you have in your AFP and ask you to enter the amount you want to withdraw from that amount.
Taking into account the experience of previous withdrawals, AFP depositors should have their ID and bank account number at hand.
AFP Remember that these withdrawal procedures are free and digital, and that their official page does not require you to enter your bank account password.
“Do not open links that ask for your personal data to withdraw funds. It could be a fake website,” they warn.
Another point to mention is that if a contributor wishing to withdraw money from their AFP is in arrears in maintenance, up to 30% of the requested money may be withheld, as prescribed by law.
How long do they pay?
The adopted law states that after submitting a request, an AFP member must wait 30 days before they can see the money in their bank account.
During these 30 days up to 1 UIT Money requested, i.e. up to S/S/4600. If you have requested more, you will have to wait until two more armed to receive the total amount of money.
For example: if you have SGD 10,000 in your account and register your withdrawal of the entire pension fund on June 15th, the payment will be made in two installments. You can receive your first deposit of SGD 4600 in the two weeks of July and the second payment of the remaining amount will be made in the two weeks of August.
How can I find out which AFP I’m affiliated with?
If you don’t remember which one AFP If you are an affiliate, you can check this through the Banking, Insurance and AFP (SBS) platform at the following link. https://servicios.sbs.gob.pe/ReporteSituacionPrevisional/Afil_Consulta.aspx
In the link you must indicate your names and surnames, DPR or immigration card and they will indicate AFP to which you have joined, as well as the status of your account.
Source: RPP
I am Dylan Hudson, a dedicated and experienced journalist in the news industry. I have been working for Buna Times, as an author since 2018. My expertise lies in covering sports sections of the website and providing readers with reliable information on current sporting events.