ONP D.L. 19990 • AFP Retiro 95.5% (Ley 30425) • Pension Proporcional • Soles (S/) 🇵🇪

Peru AFP vs ONP Jubilacion & Retiro 95.5% Calculator

Compare public and private retirement outcomes in Peru: ONP pensions (D.L. 19990 minimum and maximum caps S/ 500 - S/ 893), proportional pensions under Ley 31301, and AFP 95.5% cash withdrawal options under Ley 30425.

Legal retirement age in Peru: 65 years (both ONP & AFP).

ONP requires ≥ 20 years for full pension; 10-19 years for proportional.

S/

Used to compute ONP replacement rate.

S/

Balance in Cuenta Individual de Capitalizacion at AFP.

Retirement Systems Comparison

ONP Monthly Pension

S/ 893.00 / mo

Capped at maximum legal ceiling

AFP Monthly Pension

S/ 947.37 / mo

Programmed withdrawal estimate

AFP 95.5% Cash Lump Sum

S/ 171,900.00

4.5% to EsSalud health

Pension Regime Statutory Qualifying Condition Monthly Pension (PEN S/) Cash Lump Sum Option
ONP (D.L. 19990 & Ley 31301) 22 Years contributed (≥ 20 years requirement met) S/ 893.00 / month None (0% cash withdrawal)
AFP Renta Vitalicia / Retiro Programado Age 65 + Accumulated CIC Capital S/ 947.37 / month Fund converted to annuity
AFP Retiro 95.5% (Ley 30425) Age 65 (or early special retirement) S/ 0.00 / month S/ 171,900.00 (95.5% Cash)
Note: If taking the 95.5% AFP cash withdrawal, 4.5% (S/ 8,100.00) is automatically transferred to EsSalud to maintain lifetime comprehensive public healthcare coverage for the retiree.

Pension Framework in Peru: ONP vs AFP

Peru operates two parallel retirement architectures:

ONP (Sistema Nacional D.L. 19990)

A collective solidarity fund. Full pension requires at least 20 years (240 months) of verified contributions, paying between S/ 500 (minimum) and S/ 893 (statutory maximum ceiling). Under Ley 31301, proportional pensions exist: S/ 250 for 10-14 years of contributions and S/ 350 for 15-19 years. Funds cannot be withdrawn in cash.

AFP (Sistema Privado Ley 30425)

Individual capitalization accounts. Upon reaching age 65, affiliates can choose a monthly pension or withdraw up to 95.5% of their total accumulated fund in cash. The remaining 4.5% is directly transferred to EsSalud to guarantee lifelong medical healthcare coverage.

MS

Engr. Muhammad Shahzad

Principal Financial Systems Architect & Statutory Compliance Specialist

Lead software and systems architect specializing in high-performance browser computing, algorithmic validation, financial models, and zero-telemetry client-side privacy architecture.

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