The Congressional Commission on Economy, Banking, Finance and Financial Intelligence has been meeting every Wednesday to address the reform of the pension system and the bills that seek to authorize a seventh withdrawal of funds from the AFPs. In total, four bills have been debated related to the release of up to 4 UITs from […]
Tag: congress
Bill to increase days of paternity leave advances in Congress
The Women’s Commission of the Congress of the Republic approved this Friday bill 3317/2022-CR, which increases the days of paternity leave for workers in the public and private sectorswith the aim of “promoting the right of the newborn to paternal assistance.” The initiative of Congresswoman Rosangella Barbarán modifies articles 1, 2.1 and 2.2 of Law […]
Workers can withdraw 100% of their CTS until December
Companies have until November 15 to deposit compensation for time of service (CTS) to workers on the payroll. This work benefit acts as unemployment insurance. However, given the need for resources to face the rise in prices, a law was issued in May 2022 so that it can be freely withdrawn. The rule establishes that […]
MEF: Private pension system should have lower commissions
Yesterday, the head of the Ministry of Economy and Finance (MEF), Alex Contreras Miranda, appeared at the extraordinary session of the Economy Commission to support bill 6120, which proposes creating a new Peruvian pension system (see infographic). More competition During his presentation, Contreras said that “Greater competition is necessary in the private pension system that […]
MEF: currently to receive a pension of S/500 a person must earn S/2,500
Minister Alex Contreras maintains that the Executive’s pension reform will maintain the pay-as-you-go system so as not to leave citizens unprotected. Join the La República WhatsApp channel GO 🇻🇪 Price of the dollar today in Peru: what is the exchange rate for this Tuesday, October 31? Bonus of S/600 to public workers will be paid […]
Ministry of Economy and Finance rules out granting more bonuses despite recession
Although the Peruvian economy is in a recessionthe Executive Branch does not plan to deliver a new bonus focused on vulnerable families that have been affected by the current economic situation and rising prices, factors that have reduced the purchasing power of citizens. The head of the Ministry of Economy and Finance (MEF), Alex Contreras, […]
61% of members are in favor of a new AFP withdrawal
The economic crisis affecting the country has prompted the consideration of a seventh withdrawal of the funds managed by the Pension Fund Administrators (AFP). More than a dozen initiatives are promoted by Congress that propose the possibility of releasing up to 4 UIT (S/19,800)of which, two of them are already on the agenda of the […]
They present a new project for AFP withdrawal of S/19,800: how many proposals are pending debate?
A new bill on AFP withdrawal entered the documentary process in Congress. This time, parliamentarian Flavio Cruz from Perú Libre presented a legislative initiative that seeks to authorize members of the Pension Fund Administrators (AFP) to request the disbursement of up to 4 UIT, which is equivalent to S/19,800. In this way, the regulatory proposal […]
Congress approved supplementary credits for more than S/1,580 million to combat El Niño
The Plenary of Congress approved — with 88 votes in favor, 4 abstentions and 4 against — the Executive Branch bill that contemplates additional credits for more than S/1,580 million. These resources, which will be added to this year’s budget, will be key to taking actions against El Niño at the three levels of government […]
Bonus S/600: Plenary session of Congress meets this Friday the 20th to debate the supplementary credit project
The bonus of S/600 It would benefit 562,000 public sector workers. This project has already been approved by the Budget Commission and now needs to be admitted by the Plenary of Congress. Join the La República WhatsApp channel As part of the agreements of the Centralized Collective Agreement 2023-2024, signed between the Government and the […]