Overview
- Congressman Américo Gonza of Perú Libre submitted Bill No. 13963/2025-CR proposing a new extraordinary withdrawal from private pension accounts.
- The measure would allow affiliates to take out up to 4 UIT, using a 2026 UIT of S/5,500 to set a maximum of S/22,000.
- The proposal replicates prior processes, letting affiliates apply in person or online with disbursements of up to 1 UIT every 30 days and the first deposit after 30 days.
- A novel clause mandates AFPs return the total accumulated balance plus gains to direct relatives or legal beneficiaries if the affiliate dies.
- The initiative follows the close of the eighth withdrawal and is justified by higher living costs and weak affiliate returns between February 2022 and 2024, renewing concerns over long‑term pension sustainability.