Pension fund withdrawals reach $33.32 bn

As of 5 February, the pension fund administrators (AFPs) paid $33.32 billion for the first and second withdrawals of pension funds. According to the AFPs, 10.55 million applications were registered for the first withdrawal, of which 97.6% were paid, representing an outlay of $19.31 billion. For the second withdrawal, 7.41 million people applied and 95.1% were paid, i.e. the AFPs spent a total of $14.01 billion.

Source: Diario Estrategia