The Banco de la Nación will begin distributing refunds to former Fonavi contributors on Thursday, December 18, 2025. This payment, designated “Lista 22,” aims to return contributions made to the now-defunct Fonavi housing fund during the 1980s and 1990s, a program from which millions of workers saw limited direct benefit.
Fonavi Refunds Continue, But at a Slower Pace
This round of payments will reach 31,794 former contributors, totaling S/102,182,815. Beneficiaries must verify their inclusion on the official list, which will be available through the Fonavi Technical Secretariat (SIFONAVI) in the coming days. Notably, this represents a smaller number of beneficiaries than in previous distributions.
A significant change in this round of payments is the removal of age restrictions. Previously, eligibility was often tied to specific age ranges. Now, individuals who contributed to Fonavi, regardless of age, may be eligible. This includes those under 60 years old.
In addition to those awaiting initial refunds, this payment group includes 3,431 former contributors undergoing evaluation for water and sewage projects, and 10 individuals being assessed for loans related to building materials – specifically, corrugated iron roofing. These cases were incorporated following agreements made by the Ad Hoc Commission in February and June of 2024.
Representatives from the National Federation of Fonavi and Pensioners of Peru (Fenaf Perú) have expressed concern over the relatively small number of beneficiaries in Lista 22, particularly given the work undertaken by the Technical Secretariat of the Presidency of the Council of Ministers throughout the year. Fenaf Perú also noted that previous projects funded through Fonavi, such as water and sewage infrastructure, primarily benefited the companies involved rather than the contributing workers themselves.
Frequently Asked Questions
What is Fonavi?
Fonavi was a state housing fund established in the 1980s and 1990s to provide affordable housing solutions for Peruvian workers. Millions contributed to the fund, but many did not directly benefit from it.
When will Lista 22 payments begin?
Payments for Lista 22 will begin on Thursday, December 18, 2025, at the Banco de la Nación.
Who is eligible for Lista 22?
Lista 22 includes 31,794 former Fonavi contributors who have not yet received a refund and whose contributions have been verified by the Technical Secretariat. There is no age restriction for this round of payments.
As the Fonavi refund process continues, it remains to be seen whether future disbursements will be able to reach a larger number of eligible beneficiaries and fully address the outstanding debts to former contributors.
