Regulatory Alerts2023-01-26 | NSP-81Added · Updated
Technical Standards for Permanence in the Public Pension System
The Committee of Norms of the Central Reserve Bank of El Salvador issued these standards to regulate affiliate permanence in the Public Pension System. Mandatory affiliation applies to ISSS or INPEP affiliates aged 55 or older (men) and 50 or older (women) at the SAP's inception, while those aged 36 to 54 may opt to remain within six months. The document establishes specific application procedures, mandates a three-business-day processing timeline for identification numbers, and repeals the previous SPP-01/98 standards effective January 26, 2023.
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