Overview
- The Congress Labor Committee, which voted Monday, approved a declarative measure that labels an unemployment insurance as a matter of public interest.
- The measure does not create a benefit or end the CTS severance savings, and it orders the Labor Ministry, the Finance Ministry, and EsSalud to design a progressive, financially sustainable model.
- The Labor Ministry has said a new insurance likely cannot coexist with CTS because both protect workers after job loss, so any eventual rollout could replace CTS rather than sit beside it.
- Lawmakers dialed back the original plan from congresswoman Sigrid Bazán, which proposed five monthly payments that stepped down from 70% to 50% of prior pay, after fiscal and constitutional warnings.
- Officials flagged missing actuarial studies and a potential conflict with Article 79 on unfunded public spending, so the next phase is technical work that could lead to later bills and changes that affect workers’ savings and employer costs.