On Friday, August 25, Dina Boluarte, President of Peru, and Alex Contreras, Minister of Economy and Finance (MEF), announced an increase in the balance of the minimum pensions for retirees from the Pension Standardization Office (ONP).
This proposal aims to benefit more than 60,000 ONP pensioners, protected under Law 19990, who could have been affected by inflation. “There will be an increase in pay because at this stage of adulthood, which is the most difficult, we need more support,” said Boluarte. Read all the details available so far in this note.
How much will the pension increase be?
The increase in the pension for workers covered under Legislative Decree 19990 will be from S/500 to S/600. That is, from S/100. “In the pension reform project that we are going to send to Congress, we will include this proposal to raise the minimum pension from S/500 to S/600 and it can be executed at the beginning of 2024″, added the Minister of Economy.
Since when will the pension increase be given?
Thus, the measure will be submitted to the Congress of the Republic as an integral part of the proposal to reform the Executive pension system. In this context, it has been planned to be presented in September.
“The increase in pensions requires a law, I am sure that we will achieve the possibility of consensus in Congress. The bill does we will send maximum at the end of september so that it can be increased in 2024”, stated Contreras.
Source: Larepublica
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