Public sector workers will receive the long-awaited S/300 bonus for Fiestas Patrias in July. This additional payment is an economic incentive that the government grants twice a year to alleviate the holiday expenses of employees who work for the State. The measure seeks to strengthen the purchasing power of workers and boost the country’s economy.
According to article 7 of the budget law for fiscal year 2024, the bonus will be paid to civil servants, employees, health personnel, the Armed Forces, the Police, university professors and pensioners of the public sector. In addition, workers who work under the Administrative Services Contract (CAS) regime are included.
S/300 Christmas bonus: when will it be paid?
The public budget law for fiscal year 2024 provides for various salary improvements for state employees. Among them is the Christmas bonus, a legal benefit that is granted twice a year and must be paid paid in the July payment form. This extra money of S/300 is not subject to contributions, levies or discounts of any kind, except for those other discounts established by law or authorized by the worker.
Who will benefit from the Christmas bonus?
The Christmas bonus is intended for a wide variety of public sector workers. Beneficiaries include: appointed and contracted officials and servants under the labor regime of Legislative Decree No. 276, Law No. 2944 and Law No. 30512. In addition, health personnel, who belong to Legislative Decree No. 1153, are included to access this extra money.
Likewise, the bonus is intended for members of the Armed Forces and the National Police, who will receive the payment in recognition of their work in the security and defense of the country. University professors and pensioners included in the regimes of Laws No. 15117 and 28091; of Decree Laws No. 19846 and 20530, as well as Supreme Decree No. 051-88-PCM, will also benefit from the S/300 of this extra money.
Workers under the CAS scheme are not excluded. Despite the temporary nature of their contracts, the government has ensured that these employees receive the bonus as part of the measures to improve their working conditions. In this way, it seeks to ensure that all public employees can enjoy the Fiestas Patrias celebrations with additional financial support.
What is the difference between a Christmas bonus and a gratuity?
The Christmas bonus and the gratuity are economic benefits that are granted to workers at different times of the year, but they have different characteristics. The Christmas bonus is an additional payment for public sector employees, granted in July for Fiestas Patrias and in December for Christmas. This amount amounts to S/300 and is free of deductions, except those authorized by law, such as judicial withholdings or contributions to union entities.
In contrast, the bonus is a benefit for private sector workers that is deposited in July and December. It is equivalent to the last monthly salary that the worker receives, but without AFP or ONP deductions. To this, additional amounts must be added such as the contribution to EsSalud (9%) or to a health care provider (6.75%).
It is important to note that, while the Christmas bonus seeks to support public sector workers with holiday expenses, the bonus is intended to reward private sector employees for their performance and contribution to the company. Both measures are essential to encourage consumption and boost the national economy during periods of greatest family spending, such as Fiestas Patrias and Christmas.
Source: Larepublica
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