Regulatory Alerts2013-10-16 | Resolución SBS 6202-2013Added · Updated
Resolution SBS No. 6202-2013: Amend Title V of the Compendium of Regulatory Supervision Norms of the Private System of Pension Fund Administrators to Establish the Affiliation Process Using the Electronic Payroll
Resolution SBS No. 6202-2013 amends Title V of the Compendium of Regulatory Supervision Norms of the Private System of Pension Fund Administrators to establish an electronic affiliation process for workers entering the SPP. The resolution mandates that employers require new workers to declare their pension system choice via the Electronic Payroll, with a 10-day deadline to select a system or face automatic incorporation into the SPP. It introduces the SPP Registration Document (DRSPP) as the electronic affiliation contract, requiring AFPs to validate worker identity via RENIEC and send the DRSPP within three business days. The resolution also defines the content of the DRSPP, approves its general clauses, and establishes procedures for the assignment of the Unique Pension System Code (CUSPP) and the transmission of affiliation data between the Ministry of Labor and AFPs.
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