Overview
- Online registration for the eighth withdrawal continues, with DNI ending in 9 scheduled for November 17–18 and a general “free period” set for December 4 to January 18.
- Affiliates may request up to 4 UIT (about S/21,400), paid in four installments of up to 1 UIT each, with the first deposit due within 30 calendar days of the request.
- Resolution SBS Nº 04081-2025 permits one-off transfers of local equities from higher-risk Fund 3 into Funds 1 and 2 with cash compensation, with AFPs required to notify by December 3 and execute in December.
- The temporary toolkit available from December 2025 through July 2026 includes repos directly with financial institutions, lending of Peruvian sovereign bonds between funds, relaxed FX trading limits, higher foreign sovereign debt allowances, and limited use of derivatives.
- The regulator says the measures are designed to meet withdrawal liquidity needs under fiduciary standards and to limit forced sales that could erode portfolio performance and future replacement rates.