PERU - President Alan García Pérez yesterday passed a new law, ‘la Ley de la Libre Desafiliación de las AFP', which will enable Peruvians previously registered in the private pension system (SPP) to switch back to the state pension system (SNP).
The law will also guarantee SPP members a minimum monthly pension of S/415 (around US$130). Peru is one of 28 countries worldwide to have adopted a pensions system based on the Chilean model of ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date