MEF Evaluates Reducing Health Contributions and Pensions for Lower-Income Workers
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Elmer Cuba, head of the Ministry of Economy and Finance (MEF), proposed reducing health contributions and pensions for lower-income workers, as part of a labor reform that his portfolio aims to promote.
The Minister of Economy, Elmer Cuba, said that the initiatives will arrive in Congress in the summer of 2027. For micro-enterprises, he proposes to maintain the holidays and the aguinaldos, but to reduce the contributions to health and pensions, with the argument that the current costs discourage the formal hiring.
The Minister of Economy and Finance also announced that the government is preparing a bill to relax the dismissal of workers who "win better" in Peru.
The Minister of Economy, Elmer Cuba, proposed to reduce health contributions and pensions for lower income workers, as part of a labor reform that his portfolio aims to promote.
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