Regardless of the outcome of the presidential election, additional withdrawals and weakening of the AFP system appear likely.
Peruvians can use service sector to make voluntary AFP contributions
January 28, 2019 by
Giovanna Prialé, president of the AFP Association, noted that total voluntary AFP contributions had increased from USD 120 million in 2015 to USD 570 million in November 2018.
AFPs and insurers expecting changes to Peru’s 95.5% law
November 8, 2018 by
Giovanna Prialé, president of the AFP Association, said allowing workers to withdraw 95.5% of their savings at retirement has disrupted the objectives of the pension system.
