The Peruvian government has issued a decree outlining a phased implementation of benefits for workers under the 1057 regime — those employed under temporary contracts. The new regulations cover profit-sharing and the “Compensación por Tiempo de Servicios” (CTS), a fund similar to severance pay. This year, benefits will begin at 10% of employee remuneration, increasing incrementally over the next four years. The plan culminates in full benefit payment by 2030, offering improved financial security for a significant portion of the workforce. This measure aims to address long-standing inequalities in labor rights between permanent and contract employees. The phased approach allows the government and employers to manage the financial impact of the expanded benefits. Implementation details are still being clarified through further regulations.

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