Service time compensation (CTS) in Peru is a key benefit that supports workers during unemployment, guaranteeing financial security.
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Compensation for time of services (CTS) is a very important labor benefit in Peru, since it fulfills the function of being a Economic support For workers in unemployment. Its main purpose is to provide financial support during the period in which an employee ceases his work.
It is essential to take into account the legal regulations that regulate the CTS, as well as the rights of the workers and the possible retentions or associated penalties. This understanding is crucial to guarantee adequate administration of this labor benefit.
When is the first payment date of the CTS in Peru 2025?
Compensation for time of services (CTS) It is an essential right for formal workers who meet specific requirements in their employment. This labor benefit is paid twice a year. The first is held from May 1 to May 15, this last date being the maximum allowed. Subsequently, the company can receive a fine in case of not complying with this obligation.
Payment of CTS 2025: When will it be the second fertilizer date?
The second payment of the CTS in Peru begins on November 1, having as a maximum date to pay it on the 15th of the same month. This benefit is received by thousands of formal workers nationwide.
CTS 2025: Who do not receive this payment?
Although the Service time compensation It is a benefit of formal workers, there are groups of employees who do not access this right according to Peruvian legislation.
- Workers who work less than four hours a day.
- Microenterprise workers hired after the company’s registration in Remype.
- Who perceive annual integral remuneration.
- Employees who receive more than 30% of their income for commissions or rates.
It should be remembered that employees who have not completed a month of work at the close of the semiannual period will not receive the corresponding deposit on that date. However, the days worked will be added for the next semester, which allows them to access the benefits in the next cycle.
What is the CTS?
The Service time compensation (CTS) It is a deposit that your employer makes by legal provision. Its fundamental purpose is to anticipate the risk that originates the cessation of the employment relationship and the consequent loss of your income. This amount was released during the Pandemia by COVID-19, as a measure to counteract the different expenses.
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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.
