At the end of the first quarter of 2024, the Specialized Investment Monitoring Team (EESI) of the MEF made progress that will contribute, at the end of 2024, to the execution of more than US$ 1.4 billion of investments in mining and more US$ 1,700 million in infrastructure.
Public sector entities have until April 15 to benefit from the incentives for the payment of pension contributions due as of December 2022, this after the extension of this period was approved in Law No. 31983.
Law No. 31888 established the Regime for Rescheduling Payment of Pension Contributions to the Pension Funds of the Private System for the Administration of Pension Funds owed by Public Entities (REPRO AFP III), which seeks to generate incentives for the payment of pension contributions. due as of December 2022, providing an exceptional and faster mechanism for recovering pension contributions.
The acceptance period expired on February 28, this is the second time that it has been extended with the objective that more than 374 thousand workers can recover their pension contributions, updated by the profitability that they were able to obtain, thus managing to improve the pensions and benefits granted by the Private Pension System.
To benefit from the benefits of REPRO AFP III, entities must submit their application for acceptance through the AFPnet portal, in which they will also be able to find the debt to be reconciled, and they will also be able to divide their debts over a maximum of 10 years.
The debts will correspond to the amount of the contributions discounted to the workers plus the profitability they would have generated (based on the returns of Fund 2 of the AFPs), extinguishing the fines, surcharges and interests generated, and with the acceptance of the Repro AFP III. judicial collection processes are suspended.
It is expected that 2,731 public entities will be able to benefit from this mechanism. The debt of public entities amounts to around S/ 12,051 million, with 79% corresponding to executing units of regional and local governments. With the REPRO AFP III, said debt could be reduced by 89%, according to estimates by the Ministry of Economy and Finance.
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– 2024-04-27 06:59:18
