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Attention! This week will mark a crucial moment for the sixth withdrawal of funds from the AFP in Chile, as the project that was discussed on Tuesday, May 30th, in the Constitutional Committee of the Chamber of Deputies will be put to a general vote by the same committee. This initiative proposes the merger of ten projects. In the following paragraphs, review the necessary information about the mentioned possible disbursement.
The president of the committee, Deputy Raúl Leiva from the Socialist Party (PS), reported that the election will take place this week: "This general vote appeals to the main idea, just like it was done with the self-loans vote, and also with the previous five withdrawals."
When will the sixth AFP withdrawal project be voted on?
After going through different previous phases, with the assistance of experts and authorities, the general vote on the sixth AFP withdrawal project will take place this Tuesday, June 6th, starting at 15:00 hours, in the Constitutional Committee of the Chamber of Deputies.
Sixth AFP Withdrawal: What happens if it gets approved?
This vote does not imply the approval of the project, but it is a report, which can be positive or negative, that the members of the Committee will present to the Chamber. Then, the deputies will have to vote again, determining whether it advances to the Senate or not.
How much money could be withdrawn with the sixth AFP withdrawal?
Currently, there is no precise information available regarding the amount of money or the people who could withdraw in case the sixth AFP withdrawal gets approved. This is because the current project is a merger of ten different projects.
However, some options are being considered, such as withdrawing only 10%, while other projects propose the total withdrawal of funds or a limited withdrawal only for contributors, excluding affiliated members who do not make contributions.
Here are the withdrawal options being debated:
- Option to withdraw 10% or total: This option allows withdrawing from 10% to the total amount of pension savings.
- Option to withdraw 100%: This alternative allows withdrawing the total amount of pension funds without any limit.
- Option for a maximum withdrawal of 150 UF: This alternative allows withdrawing up to 10% in amounts ranging from 35 UF to a maximum of 150 UF.
- Another option to withdraw 100%: This alternative allows withdrawing the total amount of pension funds.
- Option exclusive for contributors: This option allows the withdrawal of funds only for contributors, excluding affiliated members who do not make contributions.