numerous contributors to Pension Fund Administrators (AFP) They are waiting for the bill of the Podemos Peru congresswoman to be approved, dignified streetwhich would allow access to up to 19,800 soles (4 UIT) of the money saved for the retirement. Although it is true it is not the only proposal in the Congress of the republic, it is known that it is the most popular among the population. The other initiatives are also a possibility, but they are less advanced.
Said bill, by legislator Calle, was presented approximately two months ago, which has motivated numerous affiliates to wonder what is the real progress that the initiative has had within the Legislative Power and if its approval is truly possible so that it can access the Pension funds.
Several contributors want to use the money to alleviate the rising cost of living and pay the debts. Another group is interested in accessing their funds to invest in a business or buy some good or property. These desires collide with the position that the Executive has already revealed, through the Ministry of Economy and Financenoting that “it is a populist measure.”
Digna Calle, the promoter of the project, reported through her official Twitter account the state in which the proposal is. She explained that 60 days have just passed since its presentation, but to date there is no opinion to access the 4 ITU of the AFP.
“Why do they play in favor of the AFP in the Economy Commission?”, questioned the legislator, after specifying that her project was formulated last February, but that it was only at the end of March that the officials involved in the issue began to be summoned for the debate, whom she pointed out to be “in line with the interests of the pension administrators”.
“They do everything possible to file my project of Withdrawal of 4 UITs from the AFPs. To date, they do not cite the authors, they have only listened to all the defenders of the economic interests of the AFPs, those who do not think that the population needs economic relief,” Calle reproached.
In addition, he classified the proposal for a “pure story” pension reform that has been promoted in parallel with yours.
“They cite the same officials to the Economy Commission and the working group within the same commission. What is the point of having the same official on the same issue on two separate occasions? Just to lengthen the debate, ”he stated.
In another tweet, the Podemos Peru congresswoman reported that “five months ago” she presented another bill, but to create a multisectoral commission in charge of proposing a comprehensive reform of the pension system.
“To date it has not been seen in the commission, because they prefer that the issue be seen by a non-specialized working group,” he said.
He added that “any reform” that comes out of that working group will not be valid, since it will be a reform proposal without support. “And the AFP They will do the same as in 2020-2021: they file it in the Economy Commission. We have already seen this story, are we going to let it repeat itself? ”, She expressed.
In a recent interview with latin newsthe economist and professor at the Universidad del Pacífico Jorge González Izquierdo was in line with the MEFwhen considering the initiative of a new early withdrawal of the AFPs “populist” and warning that there are already millions of Peruvians who have “zero soles in their account”.
“We have been saying it for years. Two pieces of information show the seriousness of this: from March 2020 to today, six AFP withdrawals and these have caused that currently 2.3 million affiliates have zero soles in their accounts with the Private Pension System (SPP) and 4 million would have less than 1 UIT in their accounts, that is, less than 4,950 soles. With that, it is not even enough for a measly pension, ”he said.
In early March, Congressman Americo Gonza launched another bill, but to allow the withdrawal of up to 70% of the funds of the AFP. The initiative has aroused the attention of experts, including the president of the Central Reserve Bank of Peru (BCRP), Julio Velarde, who did not hesitate to describe the proposal as madness. He pointed out that it is intended to damage the pension system.
“It occurs to no one that they could be withdrawing the money (…) Removing it would be crazy. There is no country that does not have a pension system (…) They are destroying the pension system,” Velarde said upon leaving the presentation of this month’s inflation report.
“This proposal is highly detrimental to the affiliates themselves and to the economy as a whole. The current circumstances of the national economy do not justify approving new extraordinary withdrawals from pension funds, ”he added.
