According to a survey, 60% of workers still prefer to join the private pension system over the public system.
Peru discussing a seventh withdrawal of AFP savings
April 28, 2023 by
Meanwhile, several plans of consolidating pension schemes and even eliminating the AFPs are also being tossed about.
March could be critical for pension reform in Peru
March 17, 2023 by
The government’s announcement on pension reform has been clouded by new bills for a withdrawal of funds from AFPs.
Peru’s economy ministry warns about further weakening AFP system
April 1, 2022 by
The Congress is still pining for an additional withdrawal that could be approved in the second quarter of 2022.