Regulatory Alerts2025-09-28 | Resolución SBS 3444-2025SBS Resolution No. 03444-2025 Approves the Operating Procedure for the Extraordinary and Voluntary Withdrawal of Funds in the Private Pension System, Established under Law No. 32445
The Superintendencia de Banca, Seguros y AFP (SBS) has approved an operating procedure enabling affiliates in Peru's Private Pension System to request the extraordinary and voluntary withdrawal of up to four Tax Unitary Values (UIT) from their individual capitalization accounts. The regulation mandates that requests be submitted within 90 calendar days of the procedure's effective date, with disbursements distributed in up to four installments of 1 UIT each, delivered within 30-day intervals. It further establishes secure virtual and physical channels, defines related terms, updates operational codes and accounting manuals, and sets rules for judicial withholding, foreign or physically impaired affiliates, insurance coverage, and multi-affiliation scenarios.