Overview

• Published in El Peruano and in force on 21 September, the law authorizes an extraordinary, voluntary, universal withdrawal for AFP affiliates.
• The SBS has 30 calendar days to issue the operative regulation, and applications cannot begin until that rule is published.
• Affiliates may request up to 4 UIT paid in four monthly installments of 1 UIT, with a 90‑day application window, the first payout 30 days after filing, and a one‑time option to desist with 10 days’ notice.
• Financial specialists say first disbursements could start in November if the SBS meets the deadline, with subsequent monthly deposits through early February.
• Reporting estimates roughly S/26,000 million could leave AFP funds, deepening asset depletion as critics contest the broader reform that restored 95.5% withdrawal at retirement and ended mandatory contributions for independents, while the statute preserves access to the S/600 minimum pension.