peru

Peru Allows Early Withdrawals from Mandatory Individual Accounts During Pandemic

Submitted by cambrosio on Thu, 06/18/2020 - 09:23

elperuano.pe (08.05.2020)

On May 8, Peru implemented new rules allowing participants in the country's mandatory individual account program (Sistema Privado de Pensiones, or SPP) to make one-time early withdrawals from their accounts during the COVID-19 pandemic. The allowed withdrawal amount depends on a participant's account balance.

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peru
Global challenges
Topics
Old age Pensions

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