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Peru Sets Oct. 21 Start for 8th AFP Withdrawal as Argentina Finalizes October Pension Increase and Bonus

Both moves deliver short‑term cash under fixed timetables to millions of beneficiaries.

Overview

  • SBS published the operating rule for Peru’s new voluntary AFP withdrawal of up to 4 UIT (S/21,400), opening requests on October 21 for a 90‑day window that closes January 18, 2026.
  • Disbursements will be made in up to four monthly tranches of 1 UIT each, with maximum payment dates currently pegged to November 20, December 20, January 19 and February 18.
  • The Association of AFPs must still release the DNI‑based appointment calendar, meaning some affiliates will see first deposits in November while others could shift into December or early 2026 depending on their slot.
  • The regulation limits withholdings to child‑support claims of up to 30% per installment and orders AFPs to bolster accounting records, cybersecurity and remote identity verification for affiliates abroad or with physical impediments.
  • Argentina formalized a 1.88% mobility update for October and a AR$70,000 reinforcement for minimum pensions, published DNI‑based payment dates, and flagged potential adjustments tied to the October 10 holiday.