The Labor and Economy commissions of Congress approved this week the opinions that seek to authorize a new withdrawal of Compensation for Time of Service (CTS) funds until December 31, 2024. However, a series of administrative procedures still remain. so that said legislative proposal is referred to the Plenary. Within the framework of its next […]
Tag: CTS Withdrawal
MEF could observe a new withdrawal from the CTS if the current intangibility of 4 salaries is not respected
The Minister of Economy and Finance, José Arista, was against the new withdrawal of 100% of the Compensation for Time of Service (CTS), approved by the Economy and Labor commissions of Congress for all of 2024, and asked legislators respect the current intangibility of up to four salaries. After a meeting of the ministerial cabinet, […]
Economy and Labor Commissions approve withdrawal of CTS: what is missing for the provision of funds?
The Economy Commission chaired by Congressman César Revilla approved, this Wednesday, April 17, the opinion of the law that authorizes the free availability of Compensation for Time of Service (CTS) until December 31, 2024. This proposal seeks to provide financial relief to workers affected by the impacts of the economic recession. In total, there were […]
Economy Commission approves new withdrawal of the CTS for all of 2024
With 21 votes in favor, one against and one abstention, the Congressional Economic Commission approved the new withdrawal of the CTS for 2024 in order to address the cost of living, which became more expensive as a result of the recession. During the debate, Congressman Alejandro Cavero questioned the insistence on “populist measures” since it […]
CTS 2024: when do they pay Compensation for Time of Service and how to calculate it?
In May there will be first CTS deposit. This social benefit, aimed at all employees on the payroll, is intended to function as an economic lifeline in the event that the worker is fired. With this monetary fund, people will be able to survive until they find another source of income. In accordance with current […]
CTS withdrawal could be discussed in the Plenary before May 15, according to congressman César Revilla
The Congress of the Republic will begin this week the debate on bills that seek to authorize formal workers to withdraw 100% of their Compensation for Time of Service (CTS). These initiatives are accumulated in an opinion of the Labor and Social Security Commission that has called, for this Tuesday, April 16, an ordinary session […]
Congress seeks to approve a new 100% withdrawal from the CTS: what would be its impact on the national economy?
After the approval of the withdrawal of up to 4 UIT (S/20,600) from the Pension Fund Administrators (AFP), Congress is preparing the debate on a series of bills that seek to release 100% of the Compensation for Time of Work Services (CTS) to “cover the economic needs of the population caused by the impacts of […]
Congress: Somos Perú presents project for a new CTS retreat
New withdrawal seeks to alleviate the effects of El Niño and the economic crisis. It could be carried out until December 31. Join the La República WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Friday, March 22 Pronabi will auction 24 properties and 17 vehicles from S/3,000: […]
Until when can 100% of the CTS be withdrawn?
The withdrawal of the CTS was one of the measures used to counteract the economic damage caused by the pandemic. Find out here until what date you can withdraw this fund. Join the La República WhatsApp channel Price of the dollar in Peru: what is the exchange rate quote this Wednesday, December 27? Banco de […]
CTS: they propose authorizing the withdrawal of 100% of this money until 2024
Congressman Jorge Coayla Juárez of Perú Bicentenario proposes expanding the law that authorizes the provision of compensation for time of service (CTS) until December 31, 2024, with the objective that workers can cover the economic needs caused by the recession. The current measure expires at the end of this year. In bill 6495, although it […]