Peru state pension 2026: how it is calculated
The public pension in Peru follows national rules that usually look at your years of work or contributions, your pay and the age at which you claim it. The calculator above applies the 2026 rules to your own working life. Below you will find the rules in brief, an example by claim age and what your contributions buy.
The rules in brief
- ONP and AFP: The ONP pays a pension from 65 after 20 years of contributions: 30% of your average pay of the last five years plus 2% for each further year, between S/ 600 and S/ 1,000 a month in 2026. AFP members receive a pension from their account (or can take most of it as a lump sum); since 2025 a minimum pension applies after 20 years.
Example: pension by claim age
| Age | Status | Gross / month (PEN) | Net / month (PEN) |
|---|---|---|---|
| 65 | Full pension | 1,964 | 1,964 |
| 66 | Full pension | 2,037 | 2,037 |
| 67 | Full pension | 2,119 | 2,119 |
| 68 | Full pension | 2,210 | 2,210 |
| 69 | Full pension | 2,311 | 2,311 |
| 70 | Full pension | 2,426 | 2,426 |
For someone aged 35 today who has worked 10 years so far, with an average of PEN 2,500 gross a month until now, earning PEN 3,000 from now with pay rising 1% a year above inflation, who works 30 more years. Amounts in today’s money, 12 payments a year. Enter your own career in the calculator for your figure.
How the example is made up
AFP account of about PEN 324,067 at 65, paid as a pension over your life expectancy: PEN 1,964 a month (3% real return assumed). Since 2025 a minimum pension of S/ 600 applies to AFP members with 20 years of contributions.
What your contributions buy
Over the whole career you would pay PEN 181,097 in pension contributions (PEN 181,097 including your employer’s share). With a net pension of PEN 23,563 a year and about 18 years in retirement at average life expectancy, you would receive about PEN 424,125 in all, 2.34× your own contributions. The pension replaces 49.0% of your final net salary.
Frequently asked questions
How much pension will I get in Peru?
In the example, PEN 1,963.54 net a month (PEN 1,963.54 gross) when claiming at 65 after 40 years of work. Your own amount depends on your years of contributions and your pay: enter them in the calculator above.
Can I retire early in Peru?
Not in the example: the pension starts at 65. Check the rules above for any exceptions that may apply to you.
What if I work longer?
The pension goes up: at 67 it would be PEN 2,119 net a month in the example, against PEN 1,964 at 65.
Is this my official pension?
No, it is an estimate under the 2026 rules. Your official pension statement from the pension authority in Peru is the final word.
Rules and official sources: see “Rules applied (2026)” above. Last checked: October 2026. The amounts are estimates for information, not financial or legal advice.