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Peru Enacts Law Raising Retired Teachers’ Pensions to About S/3,500

Regulators face a 90‑day deadline to set payment rules under warnings of an S/8 billion yearly bill.

Overview

  • Law No. 32581, published Wednesday in the official gazette El Peruano, grants retired and separated teachers a legally guaranteed pension linked to the first magisterial pay scale.
  • The benefit matches the Remuneración Íntegra Mensual, the base salary for entry‑level public school teachers, which now stands at S/3,500.70.
  • Coverage spans teachers from regular, alternative, special, and technical‑productive education across public and private pension regimes, with media estimating roughly 162,000 beneficiaries.
  • The Fiscal Council estimates the measure could cost about S/8,000 million per year, and the Economy Ministry warns it could break public‑system pension caps and pay more than some workers ever contributed.
  • Implementation shifts to the Economy and Education ministries, which have 90 calendar days to define payout rules and financing, and teacher unions are pressing for immediate, funded execution.