Rule · BCR · 30 Dec 2022 · NSP-57
AFP must process affiliation contracts within five days, notifying the Superintendence via Annex 5, while employers must affiliate unaffiliated workers within twenty days of labor start. The RNPN must share DUI databases in real time. AFPs must update affiliate data within three business days, maintain databases accessible to the Superintendence, and handle cancellations or voided contracts within thirty business days. Non-resident Salvadorans must pay contributions using AFP-authorized channels, and specific pre-2006 affiliates must reincorporate into the PPS by age 60 (men) or 55 (women), with AFPs sending deregistration data via Annex 6.
Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador.
Tel. (503) 2281-8000 www.bcr.gob.sv
CNBCR-11/2022
NSP-57
TECHNICAL STANDARDS FOR AFFILIATION TO THE PENSION SYSTEM Approval: 30/12/2022 Validity: 30/12/2022
THE COMMITTEE OF STANDARDS OF THE CENTRAL RESERVE BANK OF EL SALVADOR,
CONSIDERING:
I. That by Legislative Decree No. 614, dated December 20, 2022, published in Official Diary No. 241, Volume No. 437, of the 21st of the same month and year, the Comprehensive Pension System Law was issued.
II. That Article 5 of the Comprehensive Pension System Law defines affiliation as a legal relationship between a natural person and a Pension Fund Administrator, which originates the rights and obligations established by said Law, especially the right to benefits that will take effect upon the generation of contributions, while the obligation to contribute will take effect from the date of validity of the worker's affiliation contract, when there is a labor relationship. Affiliation may be carried out through electronic means made available by the Administrator to affiliates.
III. That Article 6 of the Comprehensive Pension System Law provides that all affiliation to the System will be individual and will subsist during the life of the affiliate, whether or not they are in labor activity, and that every person must choose, individually and freely, the Administrator to which they wish to affiliate by signing a contract and opening an Individual Savings Account for Pensions.
IV. That the third and seventh clauses of Article 6 of the Comprehensive Pension System Law establish that Administrators may not reject the affiliation request of any natural person, if it proceeds in accordance with said Law, and that in no case may the affiliate contribute obligatorily to more than one Administrator.
V. That the fourth clause of Article 6 of the Comprehensive Pension System Law establishes that the Unique Identity Document number will be the identification number in the System, for operations and payment of contributions thereof.
VI. That Article 8 of the Comprehensive Pension System Law establishes that affiliation to the System will be mandatory when a person enters into a subordinate labor job. The person must choose an Administrator and carry out the respective affiliation contract, and every employer will be obliged to respect the choice of the Administrator made by the worker. Otherwise, said employer will be subject to civil and administrative responsibilities derived therefrom.
VII. That Article 159 of the Comprehensive Pension System Law establishes that the Central Reserve Bank of El Salvador will issue the Technical Standards necessary to allow the development of what is established in said Law.
Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador.
Tel. (503) 2281-8000 www.bcr.gob.sv
CNBCR-11/2022
NSP-57
TECHNICAL STANDARDS FOR AFFILIATION TO THE PENSION SYSTEM Approval: 30/12/2022 Validity: 30/12/2022
THEREFORE,
by virtue of the regulatory powers conferred by Article 99 of the Law on Supervision and Regulation of the Financial System,
AGREES to issue the following:
TECHNICAL STANDARDS FOR AFFILIATION TO THE PENSION SYSTEM
CHAPTER I
OBJECT, SUBJECTS AND TERMS
Object
Art. 1.- These Standards aim to regulate, facilitate, and ensure the application of the provisions of the Comprehensive Pension System Law referred to the affiliation process.
Subjects
Art. 2.- The subjects obliged to comply with the provisions established in these Standards are the following:
a) Pension Fund Administrators; b) Salvadoran Social Security Institute; and c) Salvadoran Pension Institute.
Terms
Art. 3.- For the purposes of these Standards, the terms indicated below have the following meaning:
a) Affiliate: Any person who maintains a relationship with a Pension Fund Administrator, through the signing of an affiliation contract; b) AFP: Pension Fund Administrator; c) Agency: Public service locations opened by the AFP within the national territory where they provide services to affiliates, beneficiaries, pensioners, and the general public, in accordance with what is established in the Comprehensive Pension System Law; d) Agent: Pension services agent; e) Central Bank: Central Reserve Bank of El Salvador; f) CGS: Solidarity Guarantee Account; in accordance with Article 119 of the Comprehensive Pension System Law, it is the mechanism that assumes the financing and present and future payment of the Minimum Pension and the obligations corresponding to the Pension Institutes of the Public Pension System, with the object of giving sustainability to the payment of pensions, in a stable and lifelong manner; g) CIAP: Individual Savings Account for Pensions; h) Contract: Affiliation contract with an AFP;
Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador.
Tel. (503) 2281-8000 www.bcr.gob.sv
CNBCR-11/2022
NSP-57
TECHNICAL STANDARDS FOR AFFILIATION TO THE PENSION SYSTEM Approval: 30/12/2022 Validity: 30/12/2022
i) Contributions: Contributions that dependent and independent workers and employers make as established in the Comprehensive Pension System Law. Contributions made by pensioned affiliates who continue to contribute to the Pension System will also be considered as contributions; j) Identity Document: Refers to the Unique Identity Document, Minor's Card, Passport, or Resident Card, as applicable; k) DUI: Unique Identity Document; l) Errors: Data of the worker, their employers, or the AFP, that have been incorrectly supplied to the Superintendence of the Financial System due to eventual circumstances outside the control of those involved in the affiliation process; m) History: Individual work history of the affiliate or worker; n) IBC: Contribution Base Income; o) INPEP: National Institute of Public Employees, prior to the entry into force of the Law Creating the Salvadoran Pension Institute; p) Pension Institution: Any of the following Institutions: Salvadoran Social Security Institute or Salvadoran Pension Institute; (1) q) Pensional Institution: Any of the following Institutions: Salvadoran Social Security Institute, Salvadoran Pension Institute, or AFP; (1) r) ISP: Salvadoran Pension Institute; s) ISSS: Salvadoran Social Security Institute; t) SAP Law: Savings for Pensions System Law, repealed by Legislative Decree No. 614, dated December 20, 2022, published in Official Diary No. 241, Volume No. 437, of the 21st of the same month and year, in which the Comprehensive Pension System Law was issued; u) SP Law: Comprehensive Pension System Law; v) RNPN: National Registry of Natural Persons; w) SP: Pension System; x) SPP: Public Pension System; and y) Superintendence: Superintendence of the Financial System.
CHAPTER II
ON AFFILIATION TO THE SP
Affiliation and incorporation process to the SP Art. 4.- The incorporation of dependent and independent workers to the SP and their affiliation to an AFP will begin with the signing of an affiliation contract. The moment from which all rights and obligations established in the affiliation contract apply to the contracting parties will be from the date on which the Superintendence notifies the validity of the request, in accordance with Article 8 of these Standards. Art. 5.- The affiliation process will be carried out in person or by electronic means, in accordance with what is provided in the SP Law and the internal procedures established in each AFP. The affiliation request and contract must comply with what is established in Annexes No. 1 and No. 2 of these Standards. In the case that twenty days have elapsed since the start of a labor relationship and the worker is still not affiliated to an AFP, the Employer must carry out their affiliation through the means facilitated by the AFPs for this purpose, in accordance with what is established in the third clause of Article 8 of the SP Law. (3) Art. 6.- The AFP, within a period not exceeding 5 days after the presentation of the request and the affiliation contract duly completed, must send to the Superintendence the information detailed in Annex No. 5 of these Standards.
Transfer of information between the Superintendence and Pension Fund Administrators Art. 7.- The information transfer process will begin with the worker's affiliation request to the AFP and the subsequent incorporation to the SP. The request to the Superintendence is made by the AFP through the electronic sending of the data contained in said request and affiliation contract. The information required for each information transfer is detailed in Annex No. 5 of these Standards. Art. 8.- The Superintendence, once the information sent by the AFP is received, will process the requests within a period not exceeding three business days. Subsequently, the Superintendence will notify the AFP of the validity of the request or any inconsistency detected, the grounds, and the reason that gave rise to it.
On the Identity Document
Art. 9.- The DUI will be the identification number in the Pension System, for which the RNPN must share in real time and monthly, free of charge, the database of DUIs with the Superintendence, the AFPs, and the Pension Institutions, ensuring its confidentiality, integrity, and update, in accordance with what is established in the fourth and fifth clauses of Article 6 of the SP Law. (1) Notwithstanding the above, the Identity Document for foreigners and minors will be the residence card, passport, or minor's card, as applicable. Art. 10.- The Identity Document, which the Superintendence and the AFPs will require as indispensable data for granting the affiliation contract with a worker, will be the identification document presented.
Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador.
Tel. (503) 2281-8000 www.bcr.gob.sv
CNBCR-11/2022
NSP-57
TECHNICAL STANDARDS FOR AFFILIATION TO THE PENSION SYSTEM Approval: 30/12/2022 Validity: 30/12/2022
Affiliation request and contract
Art. 11.- The affiliation request and contract will be contained in a single form divided into two parts, corresponding to each of them, and must contain relevant information on the rights and obligations that the SP Law establishes. Such forms must be available in print or by electronic means, will have consecutive numbering, and must contain at least the information established in Annexes No. 1 and No. 2 of these Standards. Art. 12.- For a person to request their affiliation to the SP, they must fill out the request, completing all required information and attaching a copy of their Identity Document. If it is a pensioner of the SPP or who has received an assignment in said system, who is working in a subordinate labor relationship, the Agent must record their employer's data in the space provided for such effect in the form and identify that it corresponds to a pensioner for old age of the SPP. (1) Likewise, in the case of re-affiliation, the agent must identify it in the form, in the corresponding space. (1) Art. 13.- For the request to be considered valid, in cases where the forms are filled out manually, the participation of an Agent will be required. Said Agent will act on behalf of the AFP and will only be responsible for the information recorded in the form. The form will not take effect if it includes information that does not correspond or omits part of it. The Agent who incurs in such anomaly will be sanctioned in accordance with the SP Law. In the case that the person cannot read or write, it will be necessary that the digital fingerprint of any finger of either hand be printed on the form, and if it is not possible, the Agent must point it out and record such circumstance in the respective form. Art. 14.- In the case that the request form is filled out by hand, it must not contain smudges, strikethroughs, or any other alteration. In the case that the form contains errors in its content, they can be saved as amendments, recording it within the observations box of said form, and must be signed immediately after the amendments, both by the Agent and by the affiliate, or the signatory by proxy in the case that the person cannot sign. Affiliation may also be carried out through electronic means made available by the AFP to affiliates, for which authentication mechanisms must be followed and leave a record of consent to the terms of the affiliation contract by the affiliate. Art. 15.- When a person has more than one employer, such situation must be recorded by the Agent in the observations space that the request will have. Art. 16.- The affiliation request must be signed, both by the applicant and by the Agent, and the affiliation contract will be signed immediately after the request, only by the interested party. The affiliation contract must contain only two blank fields corresponding to the signature of the person authorized by the AFP and the date of granting thereof. Art. 17.- The date on which the Superintendence notifies the
validity of the request will be considered the date of incorporation to the SP and affiliation to the first AFP. By the next business day at the latest, the person authorized by the Board of Directors of the AFP to sign contracts must grant the respective Affiliation Contract, signing it and completing the date of granting, proceeding to register it in the affiliate's file. (5) Art. 18.- Within the period of ten business days counted from the day following the receipt of the notification of validity of the affiliation request by the Superintendence, the AFP will proceed to send copies of the Contract to their respective recipients duly signed by the person authorized by the Board of Directors of the AFP to sign contracts. The AFP will be responsible for the timely delivery of the copies of the Contract to them. In cases where there is more than one employer, the AFP will be obliged to notify each of the employers of such circumstance, delivering to each of them a copy of the contract, which may be in electronic form or a simple copy. Art. 19.- In cases where the Superintendence has declared that the request is not valid, the AFP must make it known to the applicant; for which they will have a period of ten business days, counted from the day following the notification received. Art. 20.- In case of loss of the copies of the Contract by the affiliate, they may request a copy thereof, to the corresponding AFP, which must be stamped with the word "COPY". In all cases, the AFPs will be responsible for the information corresponding to the general data and history of each affiliate, which they must keep safeguarded both in electronic and documentary media.
Pensional affiliation card
Art. 21.- The pensional affiliation card is a document that may be delivered by the AFP to its affiliates after carrying out the affiliation process. This must contain as a minimum the full name of the affiliate, Identity Document number, date of incorporation to the SP, and date of affiliation to the AFP, the latter in case the affiliate has transferred from one AFP to another.
Affiliate database
Art. 22.- The Affiliate database is a set of electronic files containing the general data and history of each affiliate within the SP and the SPP.
This database must be created and updated by the AFP, and each movement must have the proofs supporting it in due form. This information must be accessible in real time to the Superintendence, independently of the information sent through the Validator and Receiver of Information of the Central Pension Base called VARE BCPE. In case that an affiliate transfers from one AFP to another, the records corresponding to the history of each affiliate must be transferred to the destination AFP, for their incorporation into their affiliate database. Art. 23.- The Superintendence, in compliance with what is established in Article 21 of the SP Law, will maintain a central database of affiliates, which will be fed with the information sent by the AFPs in the affiliation, transfer, and information change process. Likewise, each AFP must facilitate access to the Superintendence to the information detailed in Annex No. 3 of these Standards.
Information update
Art. 24.- Any Affiliate or their employer may request the AFP for an update of the Identity Documents or changes in the identification data that served for their incorporation and/or affiliation to the SP, for which they must present the documentation supporting the requested change. (1) The AFP will be responsible for verifying the documentation supporting the requested change, and if valid, must communicate it to the affiliate and the Superintendence, within a period of three business days, incorporating it into the file and updating the affiliate's database. In case the AFP considers that the changes requested by the affiliate are not sufficiently founded, they must notify them, within a period not exceeding ten business days. Art. 25.- The AFP will be obliged to attend to the information change requests of affiliates, for which they must make the respective forms available to them through their Agencies or by electronic means. Art. 26.- Any change of information of the identification data that served for their affiliation to the SP, must be reported by the AFPs to the Superintendence, which must be available to said Superintendence to be consulted online. The manner in which information change requests must be attended will be in accordance with the internal procedures of each AFP.
Request for cancellation of the affiliation contract Art. 27.- Persons affiliated to the SP and to the Pension Institutions, where applicable, may request that a contract be rendered void, through a request that they will present directly to the Superintendence. Such request must be available to the public in the agencies of the AFPs or through their agents, in print or by electronic means, and must contain at least the information described in Annex No. 4 of these Standards.
Grounds for cancellation of the affiliation contract Art. 28.- A Contract will be rendered void, when so declared by the Superintendence, in any of the following cases:
a) For having been signed by a person who, in accordance with the SP Law, should not incorporate to the SP; b) For having been signed by a person declared judicially as incapable prior to the signing of the contract, in accordance with the corresponding laws; c) For not containing the minimum information required in Annex No. 1 of these Standards; d) For containing strikethroughs, smudges, or amendments that have not been saved and do not have the signatures that sign them immediately after, in the case of physical forms; e) For having been proven that the handwritten or electronic signature of the worker, as the case may be, has been forged, or that the digital fingerprint has been substituted or altered; f) When an affiliate has signed more than one contract, the first contract signed will prevail over the others, regardless of whether the affiliate has made contributions; g) When an affiliation contract has been signed with an Agent not registered in the corresponding Public Registry; and h) When it is proven that opted affiliates did not register any contribution. Art. 29.- The Superintendence, within a period of up to twenty business days after the presentation of the request referred to in Article 27 of these Standards, will gather ex officio the information and proofs provided or necessary for such effect; all with hearing of the involved AFP and subsequently will issue the corresponding resolution, within the same period. Art. 30.- In case the Superintendence resolves to render an Affiliation Contract void due to the grounds established in letters c), d), e), and g) of Article 28 of these Standards, the worker must sign a new affiliation contract with the AFP of their choice, within a period of thirty business days, from the day following the notification of the result of the Resolution issued thereon. If after said period the worker has not chosen the AFP, their employer will be obliged to affiliate them in the AFP in which the largest number of workers are affiliated.
CHAPTER III
INCORPORATION OF NON-RESIDENT SALVADORANS TO THE PENSION SYSTEM
Affiliation of non-resident Salvadorans
Art. 31.- Non-resident Salvadorans may affiliate to the Pension System (SP) by contributing to their Individual Savings Account (CIAP) to access a benefit in accordance with what is established in literal a) of article 32 of these Standards. The affiliation to the SP of non-resident Salvadorans will be as independent workers. The interested party will fill out the application and affiliation contract in accordance with what is established in article 11 of these Standards, either personally, by proxy or legal representative, with the assistance of an Agent, choosing the AFP where they wish to make their contributions, declaring that they are an affiliate abroad. Affiliation may also be carried out through electronic means made available by the AFP to affiliates, for which the authentication mechanisms must be followed and leave a record of the affiliate's consent to the terms of the affiliation contract.
On savings programs and plans
Art. 32.- The AFPs will make available to non-resident Salvadorans the different Plans and Savings Programs, which may be:
a) Contribute to their CIAP to access an old-age benefit, in which case they will be informed that non-resident Salvadorans will have the right to benefits under the SP Law, in accordance with what is regulated therein; and b) Be part of the Voluntary Previsional Savings Funds, in accordance with what is established in the SP Law and the corresponding technical regulations.
Art. 33.- In the case that the application and contract are filled out by hand, they must not contain smudges, corrections, or strikethroughs and must be submitted by the interested party or by the Agent who attended them; and if they have contributed to the ISSS or ISP at any time (if applicable), they must provide the affiliation number to said Pension Institutions and attach a copy of an identity document.
Art. 34.- Upon receiving the information, the AFP must carry out the necessary procedures for affiliation. Subsequently, the AFP must inform the interested party of the date from which they will be considered affiliated with the SP. This information may be provided by postal mail or electronic means.
Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador.
Tel. (503) 2281-8000 www.bcr.gob.sv
CNBCR-11/2022
NSP-57
TECHNICAL STANDARDS FOR AFFILIATION TO THE PENSION SYSTEM Approval: 30/12/2022 Validity: 30/12/2022
Art. 35.- Any application for change of information submitted by affiliates to the SP, in accordance with these Standards, must be processed by the AFP and sent to the Superintendency.
Contribution base income of non-resident Salvadorans Art. 36.- The CIAP (Individual Savings Account for Pension) of non-resident Salvadorans will be as provided in article 15 of the SP Law.
Art. 37.- Non-resident Salvadorans must pay the total of the contributions indicated in literals a) and b) of the third paragraph of article 16 of the SP Law. The administration commission will be in accordance with literal d) of article 71 of the same Law.
Art. 38.- The AFPs will make available in banks of the financial system legally constituted in El Salvador, as well as their branches abroad and which are authorized, so that the affiliates referred to in this Chapter can pay the corresponding contributions.
Art. 39.- Non-resident Salvadorans affiliated with the SP will make the payment of their pension contributions using the payment voucher form model that will be available to interested parties on the AFP websites, or they may use the option to submit their declaration by electronic means.
CHAPTER IV
OTHER PROVISIONS AND VALIDITY
Sanctions
Art. 40.- Non-compliance with the provisions contained in these Standards will be sanctioned in accordance with what is established in the Law for the Supervision and Regulation of the Financial System.
Transitory for Deregistration from the Pension Savings System by Decree 100 Art. 41.- All those affiliated with an AFP, who are considered in article 184 of the SAP Law and who before the validity of the reforms established by Legislative Decree No. 100 of September 13, 2006, had not met any of the requirements established in said Law to access an old-age, disability, or death benefit, must reincorporate into the PPS, where they will process the benefit, provided that they do not register contributions in the SAP. Therefore, to invalidate the affiliation contract, the AFP will identify affiliates who have reached 60 years of age for men and 55 years of age for women, determine if they effectively have no balance in their CIAP upon reaching said age, and review records on arrears or declaration and non-payment lists that prevent the invalidation of the affiliation contract; if appropriate, it will initiate the deregistration process, for which it must send to the Superintendency, through the means defined by it, the minimum information contained in Annex No. 6 of these Standards. (1)
Transitory for Disincorporation from the Pension Savings System Art. 42.- Upon completion of the deregistration process referred to in the previous article, the AFP will notify the affiliate of their deregistration and the reasons for it, provided that, up to the date of issuance of the notification, they have not registered contributions to their CIAP for periods prior to the date of reaching legal age; and no inconsistencies are found in the SAP or the PPS; otherwise, the deregistration will not take effect and the initiated deregistration process will be reversed. In said notification, the affiliate must be informed that they must process the respective benefit in the Public Pension System. From the moment the deregistration from the AFP is confirmed, it is released from responsibilities and any type of obligations defined in the SAP Law, with respect to affiliates or beneficiaries. To identify affiliates who have been deregistered from the SAP under this provision, they will be registered with the following legend: "Transferred to the PPS by Decree 100" remaining in a transitory state, to be transferred to the ISSS or ISP, as applicable.
Transitory for the substitution of the Unique Previsional Number for the Unique Identity Document Number Art. 43.- Pension Institutions will have a period of 90 days to make the corresponding adjustments related to the substitution of the Unique Previsional Number for the Identity Document Number in Systems, forms, or others where such change applies.
Transitory on forms
Art. 43-A.- The forms that had been designed in accordance with the regulatory provisions prior to the validity of these Standards will be used until exhausted. (1)
Derogatory
Art. 44.- These Standards derogated the "Technical Standards for Affiliation to the Pension Savings System" (NSP-21) approved by the Central Bank through its Standards Committee, in Session CN-08/2019, of May 24, 2019.
Unforeseen aspects
Art. 45.- Aspects not provided for in regulatory matters in these Standards will be resolved by the Central Bank through its Standards Committee.
Validity
Art. 46.- These Standards will enter into force from the thirtieth of December two thousand twenty-two.
Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador.
Tel. (503) 2281-8000 www.bcr.gob.sv
CNBCR-11/2022
NSP-57
TECHNICAL STANDARDS FOR AFFILIATION TO THE PENSION SYSTEM Approval: 30/12/2022 Validity: 30/12/2022
MODIFICATIONS:
(1) Modifications to articles 3, 9, 12, 24, 41 and in Annexes No. 1, 2 and 3 and incorporation of article 43-A, approved by the Central Bank through its Standards Committee in Session No. CN-01/2023, of January 26, two thousand twenty-three, with validity from January 26, two thousand twenty-three. (2) Modification of Annex No. 1, approved by the Central Bank through its Standards Committee in Session No. CN-03/2023, of May 03, 2023, with validity from May 19, 2023. (3) Modifications to article 5 and Annex No. 1, approved by the Central Bank through its Standards Committee in Session No. CN-06/2023, of July 31, 2023, with validity from July 31, 2023. (4) Modifications to Annexes Nos. 2, 3 and 4, approved by the Central Reserve Bank through its Standards Committee in Session No. CN-10/2023 of November 28, two thousand twenty-three, with validity from May 1, two thousand twenty-four, by approval of Legislative Decree No. 762 which contains the Special Law for Municipal Restructuring. (5) Modifications to article 17 and Annex No. 2, approved by the Central Reserve Bank through its Standards Committee, in Session No. CN-06/2026, of September 8, two thousand twenty-six, with validity from September 23, two thousand twenty-six.
Annex No. 1
Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador.
Tel. (503) 2281-8000 www.bcr.gob.sv
CNBCR-11/2022
NSP-57
TECHNICAL STANDARDS FOR AFFILIATION TO THE PENSION SYSTEM Approval: 30/12/2022 Validity: 30/12/2022
CONTENT OF THE AFFILIATION CONTRACT
The parties: AFP________________, S.A., hereinafter referred to as "The Administrator", and the undersigned ____________________________________ hereinafter referred to as "The Affiliate", we sign this affiliation contract, which will be governed by the provisions established in the Law for the Supervision and Regulation of the Financial System, the Comprehensive Law of the Pension System, its Regulations and Technical Standards issued by the Central Reserve Bank of El Salvador, through its Standards Committee, as well as by future modifications thereof; and also by the stipulations contained in the clauses specified below:
CLAUSE FIRST. Object of the contract.
The object of this contract is to establish the legal relationship between the natural person and the Pension Fund Administrator who sign it, from which the rights and obligations contemplated for both parties in the Comprehensive Law of the Pension System will originate, and in particular the right to benefits for the affiliate established in said Law and their obligation to contribute.
CLAUSE SECOND. Obligations of the Administrator.
The Administrator undertakes to:
a) Manage and grant the Affiliate the benefits and benefits to which they are entitled, in accordance with the Comprehensive Law of the Pension System, Regulations, and Technical Standards issued by the Central Reserve Bank through its Standards Committee; b) Open in the name of the affiliate an Individual Savings Account for Pension (CIAP) in which mandatory contributions will be credited, as well as the returns generated by their investment. Likewise, a record must be opened containing information on contributions made by the employer to the CGS, in the name of the affiliate; c) Receive contributions from employers and independent affiliates, as detailed in article 16 of the Comprehensive Law of the Pension System. Likewise, mandatory contributions and the returns generated by their investment will be credited to the Individual Savings Account for Pension. Likewise, a record must be opened containing information on contributions made by the employer to the CGS, in the name of the affiliate; d) Provide the affiliate with a Pension Account Statement in which, each time the affiliate requests it, with a maximum of six times a year, the number of quotas credited to their Individual Savings Account for Pension and the contributions made to the CGS will be registered. The Administrator may develop electronic mechanisms that substitute the previous mechanism, which must be authorized by the Superintendency. The Account Statement must be identified with the affiliate's Identity Document;
Annex No. 1
Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador.
Tel. (503) 2281-8000 www.bcr.gob.sv
CNBCR-11/2022
NSP-57
TECHNICAL STANDARDS FOR AFFILIATION TO THE PENSION SYSTEM Approval: 30/12/2022 Validity: 30/12/2022
e) Send the affiliate a copy of this contract which, according to the Comprehensive Law of the Pension System, corresponds to them; the Administrator must send it by the means indicated by the affiliate; f) Carry out free of charge for the Affiliate all procedures related to the work history and the Transfer Certificate, before the corresponding Public Pension System Institution, when applicable; g) Comply with the obligations contained in articles 22, 23, and 24 of the Comprehensive Law of the Pension System, in case of delay in the payment of contributions by the employer; h) Communicate in writing to the affiliate, at least every six months, all movements made in their Individual Savings Account for Pension, indicating the number of quotas registered, their value, and the date, and the contributions their employer has made to the CGS as of the fund cutoff date. If the individual pension savings account does not register movement, the communication will be restored until new contributions are received. In any case, the Administrator is obligated to inform of the balance of said account at least once a year; and (1) i) Communicate the amount of the commission for the administration of the Individual Savings Account for Pension. (1) j) Repealed. (1)
CLAUSE THIRD. Obligations of the Affiliate.
The affiliate undertakes to:
a) Dependent affiliates must pay through their employer to the Administrator, periodic contributions, of mandatory and/or voluntary nature when applicable, through their employer, within the first ten business days of the month following that in which the affected remunerations were accrued. Independent affiliates must pay their contributions directly to the Administrator in accordance with what is established in the "Technical Standards for the Management of Current Accounts and the Operation of the Collection, Accreditation, and Remission of Information Process to Affiliates to the Pension System" (NSP-51). b) Pay the legal contribution to the Administrator for the administration of their Individual Savings Account for Pension. c) Inform the Pension Administrator, in the respective format, of any change in the personal data that served to sign this contract, which will be incorporated into the Affiliate's Work History.
CLAUSE FOURTH. Commissions.
The administrator may establish the charging of commissions for the following:
a) For the administration of individual pension savings accounts. This commission may only be established as a percentage of the contribution base income and
Annex No. 1
Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador.
Tel. (503) 2281-8000 www.bcr.gob.sv
CNBCR-11/2022
NSP-57
TECHNICAL STANDARDS FOR AFFILIATION TO THE PENSION SYSTEM Approval: 30/12/2022 Validity: 30/12/2022
correspond to what is indicated in literal c) of article 16 of the Comprehensive Law of the Pension System; b) For the administration of pension payments. This commission may only be established based on a percentage of the monthly pension, which may not exceed one percent of the amount thereof. The charging of this commission will not be applicable to affiliates and beneficiaries who receive minimum pensions for old age, disability, or survivorship; c) For the administration of individual accounts of pensioned affiliates or affiliates who meet the age requirements but do not exercise their right and continue to contribute; and d) For the administration of individual pension savings accounts of non-resident Salvadorans in the territory of the Republic. The charging of the commissions referred to in this clause will not be charged simultaneously for the same concept, but according to the situation in which the Affiliate's Individual Savings Account for Pension is found, which are subject to modifications. (2)
CLAUSE FIFTH. Transfer of the Affiliate's Individual Savings Account for Pension to another Pension Fund Administrator.
The affiliate may transfer their Individual Savings Account for Pension to another Pension Fund Administrator, provided that they have made at least twelve contributions to the Pension Fund Administrator. Likewise, the affiliate may use this right in cases of merger or dissolution of the Administrator, or when it fails to comply with any of the clauses of this contract (1).
CLAUSE SIXTH. Claims.
In the event that the Administrator fails to comply with any of the obligations incorporated in this contract, the affiliate must submit their claim in writing or other means to the Superintendency, who will resolve each case in accordance with the Law for the Supervision and Regulation of the Financial System and the Comprehensive Law of the Pension System, and the parties expressly submit to the procedures contemplated in said laws.
CLAUSE SEVENTH. Administrator's Domicile.
The Administrator designates as its special domicile the city of San Salvador, to the jurisdiction of whose courts they expressly submit.
CLAUSE EIGHTH. Termination of the contract.
This contract may be terminated in any of the following cases:
a) When the affiliate transfers the funds from their Individual Savings Account for Pension to another Pension Fund Administrator. In this case, the contract will be terminated when the requirements established in clause fifth of this contract are met; b) When the right to receive a pension ends for the last of the beneficiaries for the survivorship of the affiliate; c) When the affiliate dies and the balance of their individual pension savings account is claimed by inheritance, if there is no other beneficiary with the right to survivorship pension according to the Comprehensive Law of the Pension System; d) When the benefits of the return of the balance of the Individual Savings Account for Pension are granted and there is no pending pension arrears to recover or any other pension procedure that prevents the termination of the contract, in accordance with what is established in the Comprehensive Law of the Pension System; e) When what is provided in the last paragraph of article 117 of the Comprehensive Law of the Pension System applies; and f) When it is proven that affiliates who opted to transfer to an AFP did not register any contributions. CLAUSE NINTH. The parties expressly submit to the provisions established in the Comprehensive Law of the Pension System, its Regulations, and Standards issued by the Central Reserve Bank of El Salvador through its Standards Committee, as well as by future modifications thereof and to the clauses of this contract.
Annex No. 2
Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador.
Tel. (503) 2281-8000 www.bcr.gob.sv
CNBCR-11/2022
NSP-57
TECHNICAL STANDARDS FOR AFFILIATION TO THE PENSION SYSTEM Approval: 30/12/2022 Validity: 30/12/2022
SPECIFICATIONS OF THE APPLICATION AND AFFILIATION CONTRACT The affiliation process will involve completing, physically or electronically, the "Application and Affiliation Contract".
For the case of physical forms, it must contain in its upper left corner the logo and the full name of the AFP, in its upper central part the title "APPLICATION AND AFFILIATION CONTRACT", and in its upper right corner, the corresponding serial number for this form. The form will be divided into two parts as follows:
Annex No. 2
Alameda Juan Pablo II, between 15 and 17 Av. Norte, San Salvador, El Salvador.
Tel. (503) 2281-8000 www.bcr.gob.sv
CNBCR-11/2022
NSP-57
TECHNICAL STANDARDS FOR AFFILIATION TO THE PENSION SYSTEM Approval: 30/12/2022 Validity: 30/12/2022
observations, 3) That the applicant cannot sign. In this case, a person over eighteen years of age who identifies themselves with their DUI will sign on their behalf. The foregoing must be stated by the Agent, detailing the name, type, and number of the document used by the signatory in the observations box.
Following the Application, the title "AFFILIATION CONTRACT" will appear, which must contain:
2.1. Identification of the Affiliate
a) The date of incorporation into the PS. Once the Superintendence has received and processed the data contained in the form and concludes that they are appropriate. At this moment, the worker's incorporation into the PS is established. The format for the date shall be as follows: "ddmmyyyy". b) Type and Number of Identity Document presented. This space will be pre-printed and reserved for use by the AFP only, once the Superintendence has processed the data provided in the PS Affiliation Form. c) Affiliate identification. This part of the form includes:
i. Worker's first and last names according to their Identity Document; the Agent must fill in this space, according to the data contained in the DUI or the identification document presented by the worker;
ii. Sex;
iii. Names by which the worker is known, if applicable;
iv. Nationality;
v. Home address;
vi. Department or State of residence;
vii. Municipality, district or city of residence; (4)
viii. Country of residence;
ix. Marital status; this space contemplates five marital statuses, according to the Identity Document presented by the person and established as follows: “S” for single, “C” for married, “D” for divorced, “V” for widowed and “U” for partner or life companion or cohabitant.
The Agent must select only one of these alternatives;
x. Worker's date of birth, according to DUI or the document presented by the worker, as applicable;
xi. ISSS number, if applicable;
xii. INPEP enrollment number, if applicable;
Anexo No. 2
Alameda Juan Pablo II, between 15th and 17th Avenue North, San Salvador, El Salvador.
Tel. (503) 2281-8000 www.bcr.gob.sv
CNBCR-11/2022
NSP-57
TECHNICAL STANDARDS FOR AFFILIATION TO THE PENSION SYSTEM Approval: 30/12/2022 Validity: 30/12/2022
xiii. Identification Document used: In this space, the identification document used will be marked with an “x”, as applicable. For this purpose, four options are presented: The DUI for national workers aged eighteen or older; the Minor’s Card for national workers under eighteen years of age; Resident Card or Passport for foreigners residing in El Salvador; DUI and Salvadoran passport for Salvadorans residing abroad.
In any case, the worker will only be identified with one of the aforementioned documents. According to the identification document used by the worker, the number, place and date of issuance thereof must be related; and
xiv. Worker's cell phone number and home telephone number.
2.2. Previous Pension Background
This part of the form includes:
a) The type of worker. In this space, the Agent must mark with an “x” the type of worker in question, considering that there are two possible categories:
i. Dependent worker: is that worker who maintains a labor subordination relationship with one or more employers; and
ii. Independent worker: Worker domiciled in the country, without a labor dependency relationship and non-resident Salvadorans; and
b) The box where it reads “Is first labor relationship”, only the “yes” box should be marked with an “x” for affiliates who are initiating a labor subordination relationship for the first time. Otherwise, the “no” box must be marked with an “x”.
2.3. Employer Data
This part includes:
a) Name, denomination or trade name; b) Date of start of work with this employer; c) Tax Identification Number, whether natural or legal person; d) Telephone; e) Postal Code; f) Address; g) Department or State; h) Municipality, district or City (4) i) Country; and j) Email.
Anexo No. 2
Alameda Juan Pablo II, between 15th and 17th Avenue North, San Salvador, El Salvador.
Tel. (503) 2281-8000 www.bcr.gob.sv
CNBCR-11/2022
NSP-57
TECHNICAL STANDARDS FOR AFFILIATION TO THE PENSION SYSTEM Approval: 30/12/2022 Validity: 30/12/2022
When it comes to dependent workers, the Agent may complete this part of the form, if they know the employer's data with certainty. (3)
2.4. Data of the Agent(s)
This part includes:
a) Name, surnames and code of the Agent processing the APPLICATION AND AFFILIATION CONTRACT; and b) Name, surnames and code of the accredited Agent, in case the first is under investigation.
2.5. Affiliation by employer responsibility
If twenty days have elapsed since the beginning of the labor relationship, workers who, according to article 8 of the Integral Law of the Pension System, have not chosen the Administrator to which they wish to affiliate, their employer will be obliged to affiliate them in the AFP in which the greatest number of their workers are affiliated. In any case, the employer will be obliged to include within the corresponding spaces of the contract, the company seal, the name, position and signature of the person authorized to sign on behalf of the employer.
2.6. Signature of the Parties
This part will be at the end of the form, and must include the following:
a) Observations Box. In this space, the following will be recorded:
i. Corrections made to the data provided by the worker;
ii. The data referred to in paragraph three of the Contract, in case the worker has more than one employer;
iii. Cases where the applicant contracts through a third party or cannot read or write and signs at their request; and
iv. Any other circumstance that in the judgment of the Agent processing it should be incorporated in said space.
b) The signature of the Representative authorized by the AFP to sign contracts. This space must be signed only by the person whom the AFP Board of Directors has authorized to sign affiliation contracts. This contract must be signed no later than the next business day, after which the Superintendence has notified its appropriateness; (5) c) Worker's signature. To fill in this space, the following cases may arise: 1) That the applicant can sign, 2) That the worker is between twelve and fourteen years of age. In this case, they must request their affiliation through their legal representatives and, in the absence thereof, through the persons upon whom they depend economically or through the Attorney General's Office, noting this in the observations space, 3) That the applicant cannot sign. In this case, a person over eighteen years of age who identifies themselves with their DUI will sign at their request. The above must be noted by the Agent detailing the name, type and number of the document used by the signer in the corresponding spaces; and d) Place and date of contract signing and AFP seal. This space must be completed only by the person whom the AFP Board of Directors has authorized to sign affiliation contracts, and must be signed no later than the next business day, from the date on which the Superintendence has notified its appropriateness. (5)
2.7. Detachable Password of the Contract
The detachable password, in case it is not an electronic form, will be delivered to the applicant so that they have proof that the form was filled out with the following content: (1) a) The Administrator's logo on the left extreme of the password; b) Sequential number of the form. This will be pre-printed on the right extreme of the password and must be identical to the sequential number appearing on the upper right part of the form; c) Name of the Administrator preceded by the phrase “Pension Fund Administrator” immediately below the logo; d) The phrase establishing the worker's disposition to affiliate to the PS through a specific Administrator, complemented with the name of the worker who wishes to affiliate; e) The date on which the worker requests to affiliate to the AFP. This date must coincide with the one contained in the Application; and f) The signature and code of the Agent processing the application.
Anexo No. 3
Alameda Juan Pablo II, between 15th and 17th Avenue North, San Salvador, El Salvador.
Tel. (503) 2281-8000 www.bcr.gob.sv
CNBCR-11/2022
NSP-57
TECHNICAL STANDARDS FOR AFFILIATION TO THE PENSION SYSTEM Approval: 30/12/2022 Validity: 30/12/2022
INFORMATION REQUIREMENTS TO AFPs FOR ONLINE CONSULTATION BY THE SUPERINTENDENCE FOR THE AFFILIATION SYSTEM
AFPs must make the affiliate's information available to the Superintendence, allowing real-time access to their information or through electronic data transmission, as dictated in this Annex.
To do so, AFPs must create objects (tables, views, etc.) for the online consultation of their affiliates' information.
1.1. AFFILIATE
“AFFILIATE” must be the name that each AFP gives to the object containing the General Information of the Affiliate.
CODE DESCRIPTION
DUI DUI
PRIMER_NOMBRE_AFILIADO First Name Affiliate
SEGUNDO_NOMBRE_AFILIADO Second Name Affiliate
PRIMER_APELLIDO_AFILIADO First Surname Affiliate SEGUNDO_APELLIDO_AFILIADO Second Surname Affiliate APELLIDO_CASADA_AFILIADO Married Surname Affiliate CONOCIDO POR AFILIADO Known by Affiliate FECHA_NACIMIENTO_AFILIADO Birth Date Affiliate SEXO AFILIADO Sex Affiliate ESTADO_FAMILIAR_AFILIADO Marital Status NACIONALIDAD_AFILIADO Nationality Affiliate CARNE_RESIDENTE_AFILIADO Resident Card Affiliate PASAPORTE_AFILIADO Foreign Passport CARNE_MINORIDAD_AFILIADO Minor's Card Affiliate LUGAR_EXPEDICION Concatenation of Country, department/state and municipality/district/city codes, issuance of identity document. (4) FECHA_EXPEDICION Issuance Date of identity document ISSS_AFILIADO ISSS Number INPEP_AFILIADO INPEP Enrollment DIRECCION_AFILIADO Complete address: Street, colony, neighborhood, House No. of the Affiliate
Anexo No. 3
Alameda Juan Pablo II, between 15th and 17th Avenue North, San Salvador, El Salvador.
Tel. (503) 2281-8000 www.bcr.gob.sv
CNBCR-11/2022
NSP-57
TECHNICAL STANDARDS FOR AFFILIATION TO THE PENSION SYSTEM Approval: 30/12/2022 Validity: 30/12/2022
CODE DESCRIPTION
PAIS_AFILIADO Country of domicile
PROFESION_AFILIADO ISCO Code
SITUACION_LABORAL_AFILIADO Labor Situation Affiliate D= Dependent I= Independent CODIGO_TIPO_DOCUM Code Type Document Affiliate:
‘CA’ = Affiliation Contract
NUMERO_DOCUM_AFILIACION Number Affiliation Document to AFP FECHA_DOCUM_AFILIACION Date Affiliation Document to AFP FECHA_AFILIACION_SP Date Affiliation PS DERECHO_CT_AFILIADO Right to CT Affiliate ESTADO_AFILIADO Codes described in section 1.2 IBC_CONTRATO_AFILIADO Contribution Base Income registered in the affiliation contract. IBC_ULTIMO_REPORTADO Last Contribution Base Income, registered in payroll FECHA_ULTIMO_MES_DEVENGUE Format “yyyymmdd”. Date of the last accrual month, which corresponds to the last Contribution Base Income reported in payroll The coding to be used for cities as well as states that do not belong to El Salvador, must be consulted with the Superintendence, for each case that arises to the AFP.
1.2. ACCEPTED VALUES
CODE DESCRIPTION
MUNICIPIO_DISTRITO_CIUDAD_AFILIADO (4) Municipality, district in the case of workers residing in El Salvador, or city of Domicile in case of workers residing abroad (4) DEPARTAMENTO_ESTADO_AFILIADO Department in the case of workers residing in El Salvador, or State of Domicile in case of workers residing abroad
Anexo No. 3
Alameda Juan Pablo II, between 15th and 17th Avenue North, San Salvador, El Salvador.
Tel. (503) 2281-8000 www.bcr.gob.sv
CNBCR-11/2022
NSP-57
TECHNICAL STANDARDS FOR AFFILIATION TO THE PENSION SYSTEM Approval: 30/12/2022 Validity: 30/12/2022
CODE DESCRIPTION
PND In case the affiliate retires in the PS under any of the modalities contemplated in the SP Law FCD In case the affiliate has passed away ACT In case the affiliate has incorporated into the PS, including foreigners to whom balance was returned and who have re-affiliated to an AFP, as well as affiliates who received some benefit in the SPP and affiliated to an AFP ANL In case the affiliate's contract has been nullified DES In case the affiliate disincorporates from the PS by Legislative Decree BET Temporary Economic Benefit BEP Permanent Economic Benefit ADS Balance Advance DVX When balance return has been granted to foreigners and they have not reincorporated into the PS DEV In case of Balance Return (1) HER In case Inheritance has been granted due to death of an affiliate DEP Balance Return for being pensioned from IPSFA
Anexo No. 4
Alameda Juan Pablo II, between 15th and 17th Avenue North, San Salvador, El Salvador.
Tel. (503) 2281-8000 www.bcr.gob.sv
CNBCR-11/2022
NSP-57
TECHNICAL STANDARDS FOR AFFILIATION TO THE PENSION SYSTEM Approval: 30/12/2022 Validity: 30/12/2022
SPECIFICATIONS OF THE “COMPLAINTS OR DENUNCIATIONS” FORM In case the form is completed manually, it must not contain smudges, strikethroughs or any other alteration. In the case that the form contains errors in its content, they cannot be saved as corrections. The “COMPLAINTS OR DENUNCIATIONS” form, whether printed or electronic, must contain in its upper left corner the logo and full name of the AFP, in its upper central part the title “COMPLAINTS OR DENUNCIATIONS” and in its upper right corner, the corresponding sequential number for this form. The “COMPLAINTS OR DENUNCIATIONS” form will be divided into three parts:
This part will only be completed when the claimant files their claim in their capacity as a natural person. The information to be provided by the claimant is as follows:
a) The date on which the claim is requested, specifying the day, month and year according to the following format: “ddmmyyyy”.
Example: If the date on which the worker files the claim with the AFP is the twentieth of January of nineteen ninety-eight, it must be written as follows:
20 01 1998 dd mm aaaa b) First and last names of the natural person; c) Home address; d) Country of residence; e) Department or State of residence; f) Municipality, district or city of residence; (4) g) Identification document used: In this space, the identification document presented by the claimant will be marked with an “x”, whether this is: DUI for national persons over eighteen years of age; the Minor’s Card for national persons under eighteen years of age; the Resident Card or Passport for nationals residing abroad and for foreigners residing in the national territory, as applicable. In any case, the interested party will only be identified with one of the aforementioned documents; h) Number of the identification document used; i) Email; and j) Phone.
Anexo No. 4
Alameda Juan Pablo II, between 15th and 17th Avenue North, San Salvador, El Salvador.
Tel. (503) 2281-8000 www.bcr.gob.sv
CNBCR-11/2022
NSP-57
TECHNICAL STANDARDS FOR AFFILIATION TO THE PENSION SYSTEM Approval: 30/12/2022 Validity: 30/12/2022
This part will only be completed when the claimant files their claim in their capacity as a legal person. The information to be provided by the claimant is as follows:
a) Name, denomination or trade name; b) Address:
i. Country;
ii. Department or State; and
iii. Municipality, district or city; (4)
c) The Tax Identification Number of the claimant; and d) Company telephone, email and Fax, if applicable.
Anexo No. 4
Alameda Juan Pablo II, between 15th and 17th Avenue North, San Salvador, El Salvador.
Tel. (503) 2281-8000 www.bcr.gob.sv
CNBCR-11/2022
NSP-57
TECHNICAL STANDARDS FOR AFFILIATION TO THE PENSION SYSTEM Approval: 30/12/2022 Validity: 30/12/2022
detailing the name, type and number of the identification document used by the signer in the corresponding spaces.
The claimant's fingerprint in case they cannot read or write. In this space, the interested party must stamp the fingerprint of any finger of any hand.
Anexo No. 5
Alameda Juan Pablo II, between 15th and 17th Avenue North, San Salvador, El Salvador.
Tel. (503) 2281-8000 www.bcr.gob.sv
CNBCR-11/2022
NSP-57
TECHNICAL STANDARDS FOR AFFILIATION TO THE PENSION SYSTEM Approval: 30/12/2022 Validity: 30/12/2022
INFORMATION REQUIRED FOR INFORMATION TRANSFER IN THE AFFILIATION PROCESS BETWEEN THE SUPERINTENDENCE AND AFPs
For the affiliation process in the Pension System, the Superintendence will communicate the technical specifications for information exchange; however, the minimum information to be sent by AFPs to the Superintendence will be based on the type of request involved, according to the following:
Anexo No. 5
Alameda Juan Pablo II, between 15th and 17th Avenue North, San Salvador, El Salvador.
Tel. (503) 2281-8000 www.bcr.gob.sv
CNBCR-11/2022
NSP-57
TECHNICAL STANDARDS FOR AFFILIATION TO THE PENSION SYSTEM Approval: 30/12/2022 Validity: 30/12/2022
Anexo No. 5
Alameda Juan Pablo II, between 15th and 17th Avenue North, San Salvador, El Salvador.
Tel. (503) 2281-8000 www.bcr.gob.sv
CNBCR-11/2022
NSP-57
TECHNICAL STANDARDS FOR AFFILIATION TO THE PENSION SYSTEM Approval: 30/12/2022 Validity: 30/12/2022
FIELD NAME DESCRIPTION
ISSS Number Salvadorian Institute of Social Security number of the applicant Employment Status Employment status of the applicant Accredited Agent Code Code given by the Superintendency Date First Employment Status if it is the first job or if the applicant has already been working FIELD NAME DESCRIPTION Institution Type Corresponds to the initials of the Pension Institution Institution Code Code given by the Superintendency Document Type Refers to the application form or the affiliation contract Document Number Correlative number of the document Document Date Date of signing of the document First Name First name of the applicant according to the presented identity document FIELD NAME DESCRIPTION Second Name Second name of the applicant according to the presented identity document First Surname First surname of the applicant according to the presented identity document Second Surname Second surname of the applicant according to the presented identity document Married Surname Applicant's married surname according to the presented identity document DUI Number of the Unique Identity Document of the applicant Resident Card Number of the Resident Card of the applicant Foreign Passport Number of the applicant's Passport Employment Status Employment status of the applicant Accredited Agent Code Code given by the Superintendency
Annex No. 6
Alameda Juan Pablo II, between 15 and 17th North Avenue, San Salvador, El Salvador.
Tel. (503) 2281-8000 www.bcr.gob.sv
CNBCR-11/2022
NSP-57
TECHNICAL STANDARDS FOR AFFILIATION TO THE PENSION SYSTEM Approval:
30/12/2022
Validity:
30/12/2022
TRANSFER OF INFORMATION TO THE SUPERINTENDENCY FOR DE-AFFILIATIONS BY DECREE 100
FIELD NAME DESCRIPTION
Institution Type Corresponds to the initials of the Pension Institution Institution Code Code assigned by the Superintendency First Name First name of the affiliate Second Name Second name of the affiliate First Surname First surname of the affiliate Second Surname Second surname of the affiliate Married Surname Married surname of the affiliate DUI Number of the Unique Identity Document Resident Card Number of the Resident Card Foreign Passport Number of the passport presented by a foreign person The Superintendency will be responsible for validating said information and, in case no errors are found, will send no later than three days after receiving the information, the following:
FIELD NAME DESCRIPTION
Institution Type Corresponds to the initials of the Pension Institution Institution Code Code assigned by the Superintendency Final Date SP Date of De-affiliation from the SP DUI Number of the Unique Identity Document If errors are found in the validation, the Superintendency will send, no later than three days after receiving the information, the following:
FIELD NAME DESCRIPTION
Institution Type Corresponds to the initials of the Pension Institution Institution Code Code assigned by the Superintendency First Name First name of the affiliate Second Name Second name of the affiliate First Surname First surname of the affiliate
Annex No. 6
Alameda Juan Pablo II, between 15 and 17th North Avenue, San Salvador, El Salvador.
Tel. (503) 2281-8000 www.bcr.gob.sv
CNBCR-11/2022
NSP-57
TECHNICAL STANDARDS FOR AFFILIATION TO THE PENSION SYSTEM Approval:
30/12/2022
Validity:
30/12/2022
FIELD NAME DESCRIPTION
Second Surname Second surname of the affiliate Married Surname Married surname of the affiliate DUI Number of the Unique Identity Document Resident Card Number of the Resident Card Foreign Passport Number of the passport presented by a foreign person Final Date SP Data of the date on which affiliation to the SP ended Impropriety Code Code established by the Superintendency Description of impropriety Information on the description of the reasons for impropriety in affiliation to the SP
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“These Standards derogated the "Technical Standards for Affiliation to the Pension Savings System" (NSP-21) approved by the Central Bank through its Standards Committee, in Session CN-08/2019, of May 24, 2019.”
“by Legislative Decree No. 614, dated December 20, 2022, published in Official Diary No. 241, Volume No. 437, of the 21st of the same month and year, the Comprehensive Pension System Law was issued.”
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