He Congress of the Republic rejected the reconsideration of the second vote by which the reform of the pension systemso the changes continue.
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It should be noted that in June of this year, the Full The majority approved the reform amidst questions about the proposals, however, this initiative was frozen due to the request for reconsideration. Now, the Legislature will have to send the signature to the Executive.
What does the reform propose?
According to the reform approved by the Legislature, no more withdrawals can be made from the funds of the AFPSince the pandemic to date, there have been seven accesses to individual capitalization accounts.
In addition, it is established that the amount of minimum pension For retirement and disability it is S/600, both for the public and private systems that meet a minimum of 240 contributions.
The retirement age in the system was set at 65 years for men and women, however, it is established that to access an early pension, an ordinary early pension or an early unemployment pension, one must be 55 years old and meet the requirements established for each special regime.
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The mandatory contribution for self-employed workers in the system is also established. To this end, a contribution rate will be applied gradually, starting at 2% and increasing every two years up to a maximum of 5%.
Another novelty of the reform is that it contemplates the inclusion of new actors in the administration of pension funds, such as companies in the financial system.
It is pronounced
After learning of the decision of Congress, the leader of Fuerza Popular, Keiko Fujimori, spoke out and said that “this is good news for Peruvians.”
He also highlighted the competition that will exist in the system and noted that there is still “a long way to go.”
The #PensionReform has finally been approved! And this means good news for all Peruvians for several reasons: 🧵
— Keiko Fujimori (@KeikoFujimori) August 22, 2024
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