Chile: ProVida | Second Withdrawal Request of 10%

Submitted by siha on
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ProVida (10.12.2020) All members of an AFP (contributors, non-contributors and pensioners) can request their Second Retirement withdrawal up to 10% of the total saving in their Mandatory Account, with a maximum amount of 150UF (around $ 4,300,000). Survival Pension beneficiaries can also make a Retirement request for those balances. Members can apply from December 10, 2020, until December 2021. 

measures summary

All members of an AFP (contributors, non-contributors and pensioners) can request their Second Retirement withdrawal up to 10% of the total saving in their Mandatory Account, with a maximum amount of 150UF (around $ 4,300,000). Survival Pension beneficiaries can also make a Retirement request for those balances. Members can apply from December 10, 2020, until December 2021. 

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