The deadline to deposit the CTS will soon expire. We tell you what happens if your company does not deposit it. Join the La República WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Wednesday, October 25? Refund to 1.2 million Fonavistas begins in December November is approaching […]
Tag: CTS
Public budget for 2024 includes salary improvements for 580,000 state workers
As established in the Centralized Collective Agreement 2023-2024, signed between representatives of the Executive Branch and leaders of the five state union confederations, the public budget for fiscal year 2024 incorporates salary improvements for 582,000 state workers. Thus, the public budget project presented by the Executive Branch includes S/270 million so that collective bargaining can […]
Deposit Insurance Fund rises to S/124,199: which financial entities have this support?
The maximum amount of coverage of the Deposit Insurance Fund (FSD) for the period September-November 2023 will rise to S/124,199, which represents an increase of S/279 compared to the previous quarter, when it was S/123,920, according to the latest update from the Superintendency of Banking, Insurance and AFP (SBS). In this way, savings accounts, time […]
SBS intervened in Caja Raíz: what will happen to the savings and the CTS of its clients?
Given the significant deterioration in the solvency of the Rural Savings and Credit Fund Root SAA. (CRAC Raíz), the Superintendency of Banking, Insurance and AFP (SBS) had to intervene to safeguard the interests of the saving public and the stability of the financial system. In this way, the entity ceased its operations and its administration […]
Much of the savings goes to face rising prices
Inflation, despite showing signs of moderation in recent months, continues to be a challenge for the Peruvian economy, even leading them to resort to their savings to face this situation. Thus, people would be allocating a greater part of their deposits from their salary account to consumption. According to a report made by Scotiabank, personal […]
CTS Retirement: present a new proposal to extend 100% availability until 2024
the congressman Flavio Ruiz Mamani from the bench of Free Peru presented last Friday, June 9, a new legislative proposal to extend until December 31, 2024 the free availability of 100% of the Compensation for Service Time (CTS). Current regulations allow this fund to be made until December 31 of this year. The bill aims […]
Today is the deadline for the CTS deposit: how to report and how much is the fine if your company fails to comply?
This Monday, May 15, the deadline for micro, small, medium and large companies deposit your workers Compensation for Time of Service (CTS), labor benefit that corresponds to the semester period from November 2022 to April 2023. The Chamber of Commerce of Lima (CCL) remember that if you do not deposit this extra money within the […]
Not depositing the CTS will be fined with S / 129,294
1|How long do companies have to deposit the CTS? Companies have until next Monday, May 15, as the maximum period to make the first deposit of the year in the Compensation for Service Time (CTS) account for their workers. Employers, if they do not comply with this obligation, incur in an offense classified as serious. […]
Sunafil issued more than 10,000 infringement certificates to companies that failed to pay CTS
The National Superintendence of Labor Inspection (sunafil) reported that from 2022 to date it has issued a total of 10,289 infractions for failure to deposit Compensation for Time of Service (CTS) by companies. The entity explained that for this it carried out 20,213 inspections, in which 96% were attention to the complaints made by the […]
When is the CTS 2023 deposited in Peru and who will receive this amount?
The payment of Compensation for Time of Service is one of the labor benefits that a worker who is registered in the payroll has. What is known about the CTS 2023 retreat in May? | The fifth month is one of the most awaited by workers, since they can collect their Compensation for Time of […]