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The second withdrawal of 10% of the AFPs is going more agile than expected and there are already about 6 million affiliates who have made their request, expecting that the payments will be before Christmas. It is that although it was expected that the resources would be in the affiliates’ accounts from this Thursday, as President Sebastián Piñera had advanced, there are already managers that began to make the disbursements.
In fact, in Cuprum they reported since Sunday they have paid 9,100 clients who requested the withdrawal to their Account 2, while AFP Modelo detailed that until 4:00 p.m. this Monday they had already made the payment of more than 4 thousand withdrawal requests of funds, also in Account 2.
The general manager of AFP Modelo, Verónica Guzmán, stated that “we have already started the payment with more than 4 thousand deposits in the Accounts 2 of our affiliates and we are working so that our clients have their money before the period of 10 business days required the law, just as we did in the case of the first withdrawal ”.
Guzmán added that “on Sunday the accreditation of transactions with the bank began, so the first payments will be available from tomorrow.”
18% of all active AFP affiliates over 50 years old will run out of funds after withdrawals
The AFPs have already received almost 5 million requests for the second 10% withdrawal and the majority are from men
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The company recalled that of its 2,160,000 affiliates, almost 1,500,000 are authorized to make the second withdrawal.
More about Withdrawal of funds
AFP Habitat pointed out that so far, 99.7% of the affiliates have requested the full amount of withdrawal allowed. Regarding the method of payment, the majority of affiliates have requested their withdrawal through a bank (97.6%).
The Superintendency of Pensions explained that, according to data provided by the pension fund administrators until 5:00 p.m. this Monday, on this fifth day since the new law came into force, the withdrawal requests registered by the system total 5,902,441 operations, of which 160,568 (2.7%) have not been accepted for processing.
Meanwhile, it has been reported that the average payment per person would be $ 1,630,568.
“It should be remembered that, in accordance with the provisions, and proceeding without major setbacks, in this second process of withdrawal of funds, the first payments should be made on December 17,” said the pension regulator. Something that clearly has already been overcome by reality.
