Again in the Congress There is a commitment to populism and the Magisterial Bloc bench presented a bill to provide access to 100% of the Compensation for Time of Service (CTS) until December 31, 2026.
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The initiative states that this is an “exceptional” measure and that it will be carried out “once only.” In addition, it specifies that its purpose is to mitigate the economic impacts caused by political instability, the effects of climate change and the adverse international context.
“This proposal is justified in that it proposes to alleviate the financial pressure on millions of workers. This provides greater purchasing power and makes it possible to pay for the basic hohar basket and school expenses at all educational levels,” reads the explanatory memorandum of the project.
Something that has not been taken into account in the initiative is that it will only benefit formal workers, while informal workers, who represent more than 70% of the total, do not have access to the CTS.
RESTRICTIONS
As recalled, until December 31, 2024, people had access to 100% of the accounts CTSHowever, once that period expired, the restrictions that were in effect before the pandemic returned, and that allowed it to function as unemployment insurance.
In this way, the norm establishes the intangibility of up to four salaries. In this way, only the excess of those four remunerations can be used. As recalled, the deposits of the CTS They are held as a rule in May and November.
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