Overview
- The government confirmed a cumulative increase of S/170 to take the Remuneración Mínima Vital from S/1,130 to S/1,300, to be applied in two steps of S/100 and S/70.
- The MEF said exact dates are not fixed but suggested the first tranche could occur late this year and the second after the 2027 summer/El Niño period, with a formal schedule to be announced within two months.
- To ease the immediate cost for small employers, the plan includes a one-time compensatory bonus for micro and small firms with two to ten workers equivalent to the first S/100 increase.
- Economists and fiscal officials raised concerns that the hike could raise costs for small businesses, slow formal hiring of young or informal workers, and recommended predictable, productivity-linked review rules instead of ad hoc raises.
- Next institutional steps are MEF coordination with Labor Minister Juan Sheput and formal discussion at the Consejo Nacional de Trabajo, which will shape the final timetable and implementation details.