CTS withdrawal: they propose twelfth project to access 100% until 2026

The co-authors of the bill No. 10226/2024-CR affirm that its implementation will not generate additional costs to the State, since the money belongs to the workers.

He Parliamentary Group Podemos Peru announced today February 17 a bill that authorizes the extraordinary and voluntary withdrawal of compensation for time of services (CTS) until December 2026, in order to boost the national economy.

In the presentation of the fundamentals of the proposal, they report an insufficient job creation between the second quarter of 2023 and 2024. They stressed that the loss of jobs was concentrated in the worst remunerated sector, the agricultural, with an average salary of S/805.

CTS: What else does the bill say?

The pLaw Royecto No. 10226/2024-CR It has José León Luna Gálvez, Luis Raúl Picón, José Alberto Arriola Tueros. Jorge Luis Flores Ancachi, and Heidy Lisbeth Juárez Calle.

According to their cost benefit analysis, they ensure that the approval and promulgation of this legislative initiative will not mean No additional graduation to the Statenor will it demand additional resources to public treasure, since money belongs individually and privately to each citizen with a current formal labor link.

What is the CTS?

It is a deposit that your employer makes by legal provision; Its fundamental purpose is to foresee the risk that originates the cessation of the employment relationship and the consequent loss of your income.

How much of CTS is it?

The calculation of compensation for time of services (CTS) For workers with a complete period of labor, it is done as follows: 50% of gross monthly remuneration + 1/6 of the bonus corresponding to the period + 1/6 of the total perceived by overtime + family allocation (if applicable) .

Source: Larepublica

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