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Peru Lawmakers File Bill for One-Time ONP Withdrawal of Up to S/16,050

The proposal directs financing from PCM and MEF budgets as an exceptional relief measure now headed to legislative and technical scrutiny.

Overview

  • Congresswoman Jhakeline Katy Ugarte Mamani presented Bill No. 13508/2025-CR to authorize an extraordinary withdrawal of up to 3 UIT from ONP-related contributions.
  • The measure would allow active SNP affiliates to access a portion of their contributions before retirement to address urgent household expenses.
  • The text states resources would come from the budgets of the Presidency of the Council of Ministers and the Economy and Finance Ministry to avoid disrupting pension payments.
  • Media analysis questions operational viability because the ONP runs a pay‑as‑you‑go system without individual accounts or accumulated savings.
  • Proponents cite low pension coverage in the SNP as justification for a partial compensation mechanism, while the proposal awaits committee review and government technical evaluation.