CTS 2024: Plenary session of Congress debates withdrawal of 100% of the money today

CTS 2024: Plenary session of Congress debates withdrawal of 100% of the money today
CTS 2024: Plenary session of Congress debates withdrawal of 100% of the money today

A new CTS withdrawal is approaching that will impact the private workforce. Photo: Infobae composition

The Plenary of Congress of the Republic will debate today, Thursday, the opinion that authorizes the free disposal of 100% of the Compensation for Time of Service (CTS), a benefit that companies pay twice a year to workers subject to the private activity regime. The initiative that brings together 11 projects by the Economy Commission aims to cover the needs of the workers because of the current economic crisisaccording to the document.

According to the agenda of the day, the Plenary of the Parliament will begin today at 10:00 am and among various points, there is this opinion that the Board of Spokespersons of the Legislature decided to unanimously prioritize for its debate last April 30.

The initiative authorizes workers to access their CTS accounts until December 31, 2024. If approved by the national representation, the opinion will be sent to the Executive Branch for promulgation or observation. Let us remember that to date, there is a lock to withdraw this money, because the previous law expired in December 2023.

“We are going for a new victory. We put it on the agenda for the Plenary of Congress to debate and today we will push for its approval: Withdrawal of 100% of the workers’ CTS. Given the inability of the State to reactivate the economy, it is the people who must do it,” parliamentarian José Luna indicated on his X account (formerly Twitter).

CTS 2024 Retirement on the agenda of the Plenary Session of Congress today, Thursday, May 2. Photo: capture
CTS 2024 Retirement on the agenda of the Plenary Session of Congress today, Thursday, May 2. Photo: capture

If prioritized and approved in the Plenary of the Congresswill remain in the hands of the Executive power for promulgation or observation. If the Government gives the green light, according to the opinion of the aforementioned commissions, the Government has a within 10 business days for the regulation of said law. According to previous experiences, workers could be authorized to request the withdrawal of the CTS since the first week of June.

Let us remember that in 2022, the then President of the Republic Pedro Castillo authorized the free withdrawal of the CTS, whose validity was extended until December 31, 2023.

CTS retirement debate with priority for this week. Photo: composition Infobae/Aarón Ramos
CTS retirement debate with priority for this week. Photo: composition Infobae/Aarón Ramos

The Minister of Economy, Jose Aristamaintained that the withdrawal of the Compensation for Time of Service (CTS), should not be disposed of 100% of the money, but respects the current law (No. 30334), according to which workers can only withdraw the excess of four salaries.

“I take advantage of this forum to call on Congress to ensure that this rule referring to the withdrawal of the CTS respects a minimum, which I estimate should be four months of unemployment. As you know, the CTS allows a professional to maintain income while he is changing jobs, the average is four months. “I would ask Congress to authorize it with a minimum floor of four months,” he said at a press conference at the end of the Council of Ministers.

The head of Economy pointed out that
The head of Economy pointed out that “political noise prevents us from growing.” (The Republic)

The approach of Economy Minister It is based, for example, on if a worker receives S/1,025 minimum wage, he could only withdraw the surplus of S/4,100 (salary multiplied by four). That is, if he registers in his account CTS a total of S/4,500, you could only enjoy S/400, since the rest is intangible.

The CTS deposited twice a yearand for this first semester of 2024, the payment is made in Mayfor the period worked from November 2023 to April 2024.

This year, the deadline for employers of the millions of formal Peruvian workers who benefit from this benefit is Wednesday May 15. That is to say, companies have until this day to deposit the Compensation for Time of Service (CTS) into their employees’ accounts.

 
For Latest Updates Follow us on Google News
 

-

PREV Los Andes thrashed Sacachispas and was once again the only leader :: Olé
NEXT Professional League 2024: date by date, the fixture of the upcoming tournament :: Olé