In the midst of the debate, with 98 votes in favor, 9 against and one abstention, this afternoon the Plenary Session of the Congress of the Republic approved the total withdrawal of Compensation for Time of Service (CTS), with this new provision all workers will be able withdraw your funds with a maximum deadline of December 31 of this year.
Voting during the plenary session had a tense debate. Photo: Congress of the Republic
During the debate in National Parliamentthe president of the Labor CommissionPasión Dávila, commented that although this measure does not cover all workers, it will cover up to 4 million of them, so the total withdrawal of the CTS It would have a energizing effect.
Along these lines, the promoter of this bill, Maria del Carmen Alva, clarified that the objective of the total withdrawal of CTS is to be able to meet the basic needs of citizens. The legislator and also author of this project, José Pazo Nunura, commented on the importance of the labor sector to enjoy this savings, “it is important that this Bicentennial Congress can listen to the labor link of the country, mainly due to the request made by the regions from the north, center and south of the country.
For his part, the congressman, Ilich López, pointed out the importance of financial education, “How important it is that Peruvian citizens have the culture of savings, that from school and university we can give them the knowledge by which they will later properly manage their money”he emphasized.
Opposition to withdrawal
After the approval of the total withdrawal of the CTSthe congresswoman from Avanza País, Diana Gonzales Delgado, emphasized during the debate that this measure does not benefit residents in poverty, and is not being legislated with a foresight.
“Release withdrawals from the CTS It does not benefit the resident who is in a situation of poverty or extreme poverty, it does not benefit the street vendor, the farmer, or the taxi driver. With this I am not saying that a person with a formal job does not have needs, but we are definitely not talking about the population. more vulnerable, and we are not legislating with a forward-looking view in the medium and long term,” he stated.
Along these lines, his bench colleague, Alejandro Cavero, showed his concern about the approval of this bill, calling it cheap populism, “we are putting millions of Peruvians at very serious risk through cheap populism and cheap applause.”
Until when can money be withdrawn from the CTS?
After approval in the Congress of the republic about the withdrawal of 100% of the CTS, This must pass towards the Executivethis You will have 15 days to observe or publish. If this ruling is approved, the money of the CTS It may be withdrawn until December 31 of this year at the latest.
CTS 2024: what happens to the money if the holder dies?
This question is valid and it is that if a collaborator of a company dies, their money CTS It must be delivered within 48 hours to immediate family members. If it is your spouse, this person must go to the bank where the salary deposit is made to prove their status as a widow or widower. After certification, the family member will be able to access the amount.
Source: Larepublica

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