CTS Withdrawal 2024: when does the 100% release of funds begin and how to calculate the amount?

CTS Withdrawal 2024: when does the 100% release of funds begin and how to calculate the amount?

The law authorizing a new disbursement of the CTS for all of 2024 was sent to the Executive Branch, which could observe or promulgate it. Check out all the news HERE.

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  • The CTS in the hands of Dina Boluarte: when will she enact the disbursement law?
  • How much will I receive from CTS if I earn S/1,025? Discover how to calculate the amount that corresponds to you

Around five million formal workers in our country could access the total withdrawal of Compensation for Time of Service (CTS) until December 31, 2024, if the rule approved by the Plenary of Congress on last Thursday, May 2, is promulgated. The Government of Dina Boluarte has 15 days to observe it or authorize its publication in the official newspaper El Peruano. Below, review the latest information and find out when you will be able to access this financial benefit.

CTS Withdrawal 2024: when the release of funds begins and everything that is known

What happens if the Executive observes the total withdrawal of the CTS?

If the Executive Branch observes the rule, the Congress of the Republic could approve it at its insistence, since it has the power to use that mechanism.

CTS withdrawal: how much time does the Government have to provide a response?

After the signing and delivery of the law’s signature, the Executive Branch has 15 business days to rule on the approved project, since according to article 79 of the Congressional regulations, that is the time established for the government to make any observations or provide its promulgation in the newspaper El Peruano.

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Journalist from the Jaime Bausate y Meza University. Economics web editor at La República, with experience in public and civil society institutions. Interested in politics, society and human rights issues.

Source: Larepublica

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