AFP 2022 Retreat: Queries, doubts and what you need to know about the law that approves the withdrawal of funds

The bill that would allow contributors to an AFP to withdraw up to 4ITU their savings from the pension fund continues to advance. As is recalled, this Tuesday, April 12, it was debated and after a brief vote it was deliberated that this initiative should be presented to the plenary of the Congress.

WHAT YOU NEED TO KNOW ABOUT THE 4ITU WITHDRAWAL FROM AFP

It is important to know that this proposal would allow 18,400 soles to be disbursed. However, this legislative initiative, proposed by Congressman José Luna Gálvez of the Podemos Peru party, does place certain restrictions on retirement requirements.

In this case, the withdrawal of up to S/ 18,400 is raised for members who have not made contributions for at least three consecutive months.

However, participants who do register contributions would only have the possibility of withdrawing up to 2 ITU, equal to S/ 9,200.

It should be mentioned that if this measure is approved by the Legislature, then 1 ITU (S/4,600) would be delivered progressively every 30 calendar days, with the first payment starting 30 days after the application was submitted to AFP.

SINCE WHEN CAN THE 4UIT BE WITHDRAWN FROM MY AFP

It is worth mentioning that in 2020 and 2021 some deliveries of AFP's savings were already made. At that time, the congress agreed to this action to defuse the impact of the pandemic on the country and on the pockets of Peruvians.

At that time, the initial measure indicated that the disbursement would be made in three parts and every 30 days. Now, we would wait for the Congress of the Republic to be able to debate in plenary these new ways of how the disbursement will be distributed and to know what the mechanism would be like for contributors to access their money.

HOW DO I KNOW IF I AM AFFILIATED WITH AN AFP?

If you know that by law you are affiliated with an AFP, but you don't know which one you register in Peru. Don't worry, the process to know it is very easy. All you need is your National Identity Document (DNI), personal data and access the SBS portal.

Follow these steps and you're done!

Ingresa a la web Consulta de afiliados AFP de la SBS.

Choose the option to search by ID or first and last names. Fill in the fields and click “search”.

At the end, the SBS application will show you the AFP you contribute to and the type of commission you are charged.

HOW MUCH MONEY DO I HAVE IN MY AFP?

If you belong to Profuturo AFP, enter this link: https://enlinea.profuturo.com.pe/zonaprivada/aviso to view your account statement.

If you belong to AFP Habitat: to check the account statement in this AFP you must go to this link: www.afphabitat.com.pe/my-account/

If you belong to the AFP Premium: you can access the page at the following link: https://www.prima.com.pe/public-zone/ and in the part that says “My Account” you enter your ID number and password.

If you belong to AFP Integra: go to the following link: www.afpintegra.pe/login-session. On the mentioned page you put your ID number and a password and you will know how much amount you have saved.

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