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In less than a month, employees are due to receive the May Senior Service Compensation (CTS) payment, which is payable from November 2022 to April 2023.
The Lima Chamber of Commerce (CCL) reminds that micro, small, medium and large companies They have a deadline to pay this concept to their workers next Monday May 15th.
Who will receive it?
Payment is made to formal employees, that is, according to the payroll, who worked during the entire semester (November 2022-April 2023).
CTS, which is paid to employees of large and medium companies This is equivalent to 50% of the last salary they received, which is more than one-sixth of the bonus they received in December 2022.
“However, if an employee has not worked a full semester, for each month worked, he will receive one sixth of the salary plus one sixth of the bonus,” CCL specifies.
Employees who have worked for the same company for less than one month as of April 30 will not be entitled to a deposit of KTS. In these cases, days worked will be added to the semester May 2023-October 2023 and the accumulated CCC will be deposited until November 15 of the current year.
For employees of small companies, it states that the CTS payment applies to all of their old and new employees, unless they are registered with the Registry of Micro and Small Enterprises (REMYPE).
“If a small company is registered with REMYPE, workers hired prior to its registration will be eligible for CTS under the general rule, and if an employee was hired after the company is registered with REMYPE, their CTS will be 50% of what is obtained in the general regime,” adds CKL.
It should be noted that employees working less than four hours a day are not entitled to pay KTS.
Can I revoke my CTS?
Free access to CTS established by Law 31480 will be valid until December 31, 2023.
At the same time, employees will be able to withdraw 100% deposits on CTS produced in financial institutions and accumulated at the time of disposal.
fines
CCL reminds that failure to deposit CTS by the due date is considered a serious breach by companies.
It means that sunafil You can apply differentiated fines for micro, small, medium and large companies (non-MYPE), which range from S/544 to S/129 294.
In addition, failure to provide a CTS payslip within five days of the deposit being made (minor violation) will result in a fine ranging from S/222 to S/76,824.
Source: RPP
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.