The possibility that members of the Pension Fund Administrators (AFP) have of accessing a new withdraw money from your fund is getting closer because one of the more than 15 projects presented in the Congress of the Republic on this important issue would be a few days away from being approved, thus benefiting thousands of people who need the money due to the recession situation they are going through. the country. In this Depor note we explain all the details.
When would the disbursement of the new AFP 2023 withdrawal be approved?
The Plenary of Parliament could approve the seventh withdrawal of the AFP in approximately three weeks. As explained by Congressman José Luna – author of the proposal – the Economy Commission will present a technical report with the steps to follow if the disbursement is authorized.
“In two weeks, the Economy Commission has to issue its technical report. Its technical report is debated and it is proposed that there can be a majority proposal and a minority proposal. That proposal is put to a vote, decided, and goes to the Plenary. It can go to the Plenary in the following week, then, in three weeks, the 4 UITS can be approved”, he stated.
How much would the new AFP withdrawal be and who would it benefit?
Congressman José Luna made it clear that said working group plans to approve the withdrawal of 4UIT from pension funds; However, there are some differences between those who could access his contributions, since some of his colleagues recommended that they be unemployed people.
“We have a majority in the Economy Commission (…) (Are there exclusions?) There is the small difference with the other congressmen, especially with those on the right. We believe that this situation must be left to the will of the owner of the money, that the owner decides, and not discriminate against each other.”he added in statements to radio Exitosa.
The PP member specified that contributors will be authorized to withdraw 4 UIT (S/19,800), but that it will be up to each person to make the decision of the amount they are going to use according to their needs and that they must do so with great responsibility.
Projects pending approval for the retirement of the AFP
Currently, in Congress there is 16 bills that propose allowing members to access their funds. So far three of them have been debated without a response from the authorities in charge of analyzing the proposals to decide whether they will allow them or not.
- AFP withdrawal from 2 UIT (S/9,950) – Second Montalvo Cubas (Free Peru) (ALREADY DEBATED)
- AFP withdrawal from 4 UITs (S/19,800) – Guido Bellido (Peru Bicentennial) (ALREADY DEBATED)
- AFP withdrawal of up to 3 UIT (S/14,850) – Victor Cutipa (Peru Bicentennial) (ALREADY DEBATED)
- AFP withdrawal of up to 3 UIT (S/14,850) and 95% of the fund for terminally ill patients – Edgard Reymundo (Democratic Change – Together for Peru)
- AFP withdrawal of up to 4 UIT (S/19,800) – Worthy Street (We can Peru)
- AFP withdrawal of 50% of funds – Elias Avalos (We can Peru)
- AFP withdrawal of 70% of funds – Americo Gonza (Free Peru)
- AFP withdrawal of 50% of funds for home purchase – Patricia Juarez (Popular Force)
- AFP withdrawal from 3 UITs (S/14,850) – Victor Flores (Popular Force)
- AFP withdrawal of 5 UIT (S/24,750) – Jaime Quito (Not grouped)
- AFP withdrawal of 25% to pay debts with mortgage guarantee – Melissa Cordova (Country Advances)
- 100% AFP withdrawal for home purchase – Ilich Lopez (Popular Action)
- AFP withdrawal from 4 UITs (S/19,800) – Jose Luna (We can Peru)
- AFP withdrawal from 4 UITs (S/19,800) – Kelly Portalatino (Free Peru)
- AFP withdrawal from 4 UITs (S/19,800) – Jorge Luis Flores Ancachi (Popular Action)
- AFP withdrawal from 4 UITs (S/19,800) – Flavio Cruz (Free Peru)
Why have they still not approved the projects that propose the AFP Retirement 2023?
The main reason is because the Congressional Commission on Economy, Banking, Finance and Financial Intelligence, chaired by Fuerza Popular parliamentarian Rosangella Barbarán, must place it on the agenda so that she and her work team can analyze each of the projects.
What is the link to carry out the AFP Retreat 2023?
The proposal has not yet been approved, so no link has been shared to complete the process. Remember that when it happens, the Government will be reporting on its official networks.
Under what modality can you request the withdrawal of your AFP?
Thanks to Law No. 30478, members have the possibility of requesting the release of 25% of their funds with the aim of using it for the down payment on their first home or to amortize the mortgage loan associated with said property. Therefore, if you are considering buying a house or apartment, you can explore this option so as not to depend completely on your savings.
How to request the withdrawal of your AFP if you are going to buy a home?
- The contributor must request a mortgage loan from an entity regulated by the SBS (Superintendence of Banking, Insurance and AFP).
- After receiving the pre-conformity document, the person can request the withdrawal of 25% of the pension fund as an initial one.
- Now, the AFP evaluates whether it meets the requirements and will later indicate whether it approves or not. If everything is fine, then the disbursement will be made in 10 days.
How to know the balance in your AFP in 2023?
Find out here the amount you have in your pension fund, according to the AFP to which you belong.