The Labor Commission approved the opinion to extend the release period until December 31, 2024. The project must now be approved by the Plenary Session of Congress.
- Price of the dollar in Peru: what is the exchange rate for this Tuesday, April 16?
- CTS Withdrawal in Peru: they propose to authorize free availability of 100% of funds until 2024
This Tuesday, April 16, the Labor and Social Security Commission approved the opinion that extends the period for the free disposal of the Compensation for length of service (CTS) until December 31, 2024. The objective is that citizens can use this money to solve their economic problems as a result of the recession.
During the debate, 11 congressmen voted in favor and 3 abstained. Tomorrow, April 17, the economy commission will debate another opinion with the same purpose of releasing the CTS.
CTS withdrawal: which congressmen voted in favor?
The following congressmen voted so that Peruvians could access 100% of their CTS until the end of 2024:
- Passion Dávila in favor
- Isabel Cortez in favor
- Maria Zeta Chunga in favor
- Jorge Morante in favor
- Tania Ramirez in favor
- Maria del Carmen Alva in favor
- Maria Aguero in favor
- Susel Paredes in favor
- Raúl Doroteo in favor
- Jorge Coayla in favor
- Carlos Alva in favor
- Jaime Quito Sarmiento in abstention
- Noelia Herrera Medina in abstention
- Adriana Tudela in abstention
What projects on the liberation of the CTS were discussed?
In the commission, the projects presented by Luis Cordero, Elva Julón, José Pazo, Segundo Quiroz, Edgard Reymundo and Raúl Doroteo were debated. These propose extending the date so that workers can have their CTS until the end of 2024. However, Pazo’s proposal is slightly different, since it proposes that it can be accessed until December 31, 2025 and that of Quiroz until 2026.
How many bills have been introduced regarding CTS withdrawal?
To date, three withdrawals of CTS funds have been authorized. The last of them occurred on December 31, 2023 through the promulgation of Law 31480, which sought to cover the economic needs caused by the Covid-19 pandemic.
The last release of the CTS occurred on December 31, 2023 through Law 31480 to alleviate the economic needs resulting from the COVID-19 pandemic. In total, three withdrawals of these funds have been approved. There are currently 15 bills that seek to extend the deadline to withdraw this money:
- CTS retirement until December 31, 2025 – Jorge Luis Flores (Popular Action)
- CTS Retirement until December 31, 2024 – Alejandro Soto (Alliance for Progress)
- CTS withdrawal until December 31, 2024 – Flavio Cruz (Perú Libre)
- AFP withdrawal of up to 4 UIT and CTS withdrawal until December 31, 2025 – Luis Aragón (Popular Action)
- CTS withdrawal until December 31, 2024 – Jorge Coayla (Perú Libre)
- CTS retirement until December 31, 2024 – Raúl Doroteo (Popular Action)
- CTS withdrawal until December 31, 2025 – Segundo Montalvo (Perú Libre)
- CTS Retirement until December 31, 2024 – Edgar Reymundo (Together for Peru)
- CTS Withdrawal until December 31, 2026 – Segundo Quiroz (Perú Libre)
- CTS Retirement until December 31, 2025 – José Pazo (Somos Perú)
- CTS Retirement until December 31, 2024 – Elva Julón (Alliance for Progress)
- CTS retirement until December 31, 2024 – Gustavo Cordero Jon Tay (Popular Action)
- CTS retirement until December 31, 2024 – César Revilla (Fuerza Popular)
- CTS withdrawal until December 31, 2024 – María del Carmen Alva (not grouped)
- CTS withdrawal until December 31, 2025 – Digna Calle (Vamos).
Bachelor’s degree in journalism from the Pontifical Catholic University of Peru. He is an editor with interest in gender, disability and economics issues.
Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
