When is CTS deposited in May and November?

By May 15 (for the November–April period) and by November 15 (for May–October), into the financial institution you've chosen. If you leave before then, the prorated CTS is paid in your final settlement.

What compensation counts toward CTS?

Base compensation and what you receive regularly: family allowance, commissions, overtime, and regular bonuses (these last ones if you received them for at least three months of the semester), plus a sixth of the last bonus. The calculator asks for each of these components.

Does the family allowance count toward CTS?

Yes, if you receive it: it's part of the computable compensation. Enable the family allowance checkbox and the calculator adds it at the current amount.

Does the full bonus count toward CTS?

No. Only a sixth of the last ordinary bonus counts, excluding the extraordinary bonus. That's why the bonus field should only include the bonus itself, without the 9% (EsSalud) or 6.75% (EPS) add-on.

How is the prorated CTS calculated if I only worked four months?

Divide the computable compensation by 12 and multiply by the full months; any remaining days are calculated with computable compensation ÷ 360 × days. Enter your hire date (or May 1 / November 1) as the start and your last day worked as the end.

Can CTS be withdrawn?

It depends on current availability rules and your financial institution. This calculator doesn't estimate withdrawals: check the current conditions with your bank or the MTPE's website.

Is CTS calculated the same way for a micro or small business?

No. Microenterprises don't have CTS, and small businesses have a reduced CTS (half a salary per year). The calculator applies the general private labor regime.

Peru Severance Indemnity (CTS) Calculator

Peru · Employment

Calculate your CTS (severance indemnity, Compensación por Tiempo de Servicios) in Peru under the general private labor regime: how much you're owed for a full semester or for months and days. Includes the family allowance, variable payments, and 1/6 of the last bonus in the computable compensation.

How is it calculated?

CTS = computable compensation ÷ 12 × full months + computable compensation ÷ 360 × days. Computable compensation is your base compensation, plus the family allowance if you receive it (10% of the RMV, 113 with the current RMV of 1,130), plus the monthly average of regular variable payments, plus 1/6 of the last ordinary bonus (excluding the extraordinary bonus). Ordinary deposits are made in May (for the November–April period) and in November (for the May–October period); if the employment relationship ends, the prorated CTS for the current period is paid out. This calculation applies to the general private labor regime: micro and small businesses have their own rules. This is a rough estimate, not an official calculation.

Examples

Full semester: compensation of 3,000 and bonus of 3,000 (May–October 2026)
Computable compensation of 3,500 (3,000 + 1/6 of the bonus). CTS for the semester: 1,750.
With family allowance, 200 in variable pay, and 3 months and 15 days
Computable compensation of 3,865.17. CTS: 966.29 for 3 months plus 161.05 for 15 days = 1,127.34.

How CTS is calculated

CTS for a full semester equals half your computable compensation. If you worked less time, a twelfth is calculated for each full month and a 360th for each additional day.

The formula is: computable compensation ÷ 12 × full months + computable compensation ÷ 360 × days. That's why a six-month semester gives exactly half the computable salary, and five and a half months gives a bit less.

If your employment relationship ended, the current period is paid as prorated CTS within your social benefits final settlement. You can see everything together in the Peru final settlement calculator, which reuses this same calculation.

What makes up computable compensation

Computable compensation isn't just your base salary. It includes what you receive regularly and freely available; these are the components the calculator considers:

Monthly base compensation.
Family allowance, if you receive it: 10% of the RMV, that is, 113 a month with the RMV Numelto uses.
Regular variable payments (overtime, commissions, regular bonuses): they count if you received them for at least three months of the semester; add up what you received, divide by 6, and enter the result in the variable average field.
A sixth of the last ordinary bonus, excluding the 9% or 6.75% extraordinary bonus add-on. The bonus does NOT count in full.
The main meal allowance when the employer provides it in kind (add it to your compensation if that's your case).

When CTS is deposited

The deposit is made into the financial institution you choose. If the employment relationship ends before the deposit date, the employer pays the prorated CTS for the current period in your final settlement.

Ordinary CTS deposits under the general private labor regime
Deposit	Period covered	Deadline
May CTS	November 1 to April 30	May 15
November CTS	May 1 to October 31	November 15

Calculation example

A full semester (May to October) with compensation of 3,000 and a last bonus of 3,000: computable compensation is 3,500 (3,000 plus a sixth of the bonus) and the semester's CTS is 1,750.

After calculating your CTS

CTS is one of your benefits, along with the July and December bonus and vacation. If you also want to know what's left each month after deductions, try the Peru net salary calculator.

Sources

MTPE / SUNAFIL (Peruvian labor authorities) — Private labor regime social benefits: CTS, bonuses, vacation, overtime, and arbitrary dismissal — in effect since January 1997 · reviewed on September 25, 2026
MTPE (Peruvian Ministry of Labor) — Minimum Living Wage (RMV): 1,130 (Supreme Decree 006-2024-TR, in effect since January 1, 2025) — in effect since January 2025 · reviewed on September 25, 2026

Frequently asked questions

Related calculators

Peru Bonus (Gratificación) Calculator

Peru Social Benefits Final Settlement Calculator