The Executive Branch approved the regulations of Law 32027, which authorizes formal workers to freely dispose of 100% of the Compensation for Time of Service (CTS) until December 31 of this year. In this way, more than 6 million Peruvians could benefit from this regulation that seeks to cover their needs due to the current […]
Tag: CTS Withdrawal
The CTS withdrawal has already been approved: why can’t I still collect the money from my BCP, BBVA and other banks account?
On May 17, the law that allows the withdrawal of the CTS was made official. In this way, it is possible to get 100% of the compensation for length of service. With this, some 5 million Peruvians will be able to obtain an economic benefit to mitigate the effects of the economic recession. However, workers […]
How do I know if I have CTS with my ID? Check if you have an account at BCP, Interbank, BBVA and more
Following the promulgation of Law No. 32037, which empowers formal workers to withdraw 100% of their Compensation for Time of Service (CTS) until December 31 of this year, many Peruvians are finding out how to access their accounts to Check that your employer has deposited the amount due to you in May. As is public […]
Government enacts law for CTS withdrawal: when will I be able to have 100% of my funds?
After the announcement by the president of the Council of Ministers (PCM), Gustavo Adrianzén, the government of Dina Boluarte finally promulgated in the newspaper El Peruano the law that exceptionally authorizes the withdrawal of 100% of the compensation funds for time of services (CTS) until December 31, 2024. However, workers registered on the payroll will […]
When can I withdraw my CTS? Find out what date your money would be released
After the president of the Council of Ministers, Gustavo Adrianzén, announced that they will not observe the law’s signature on the provision of 100% of the Compensation for Time of Service (CTS) and that in the coming days it will be published in the newspaper El Peruano, formal workers are interested in knowing when they […]
Government announces that it will promulgate in the coming days the law that authorizes a new withdrawal of CTS
The President of the Council of Ministers, Gustavo Adrianzén, announced at a press conference that in the coming days the law will be promulgated that authorizes formal workers to freely dispose of 100% of the Compensation for Time of Service (CTS) until December 31. December 2024. “We are in a position to inform citizens that […]
Accounting balance and available balance: know what both mean and which one you can use to withdraw your money instantly
Today is the deadline for companies to deposit the Compensation for Time of Service. Find out here what these terms mean and if it will prevent you from collecting the full amount of your savings. Join the WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Wednesday, May […]
How to calculate the CTS? Check how much they have to pay you this 2024
The Plenary Session of the Congress of the Republic approved, with 98 votes in favor, 9 against and 1 abstention, the legislation that allows the total withdrawal of Compensation for Time of Service (CTS). This new legal provision establishes that all workers will have the possibility of withdrawing their accumulated funds until December 31, 2024. […]
If I withdraw my CTS: which banks, savings banks or financial institutions pay me the most for my money in a fixed-term deposit?
Around 5 million formal workers are eagerly awaiting the promulgation of the law that authorizes a new optional withdrawal of 100% of compensation for time of service (CTS) until the end of this year. As in previous disbursements, various financial institutions have attractive rates for those who opt for fixed-term deposits. These investment instruments that […]
AFP and CTS Retirement 2024: which of the two would be delivered first and from when could it be accessed?
Workers are eagerly awaiting the arrival of the month of June to access the withdrawal of their money accumulated in the Pension Fund Administrators (AFP) and the Compensation for Time of Service (CTS), after the approval of two regulations in Congress that authorize these disbursements. As is public knowledge, since Monday, May 20, the registration […]