President Luiz Inacio Lula da Silva highlighted on Thursday (30) the proposal, in preparation in the government, to ensure that workers with a signed portfolio (CLT) of the private sector can have access to payroll credit with lower interest rates.
“It seemed an impossible thing and yesterday we reached an agreement [com os bancos]. It will be the largest credit program in the history of this country. Get ready, comes a good credit bomb in this country, “celebrated the president, at a news conference to journalists at the Planalto Palace in Brasilia.
“I think little money in the hands of many means distribution and income and a lot of money in the hands of few means misery,” he said. “Some adjustments of legal language in the law we want to send,” he added.
The idea of the government is to create a platform that allows banks and financial institutions to directly access the celetist’s credit profile through eSocial, the mandatory electronic system that unifies labor, social security and tax information from employers and employees across the country. For this, the president must issue a provisional measure or send a bill to the National Congress. The forecast is that this will occur in February.
The payroll loan is a loan that has installments discounted directly from the salary or benefit of the debtor. It is a credit modality that offers lower interest rates and is one of the most used in Brazil, especially by public servants and retired and pensioners of the National Institute of Social Security (INSS).
Rules
The legislation that deals with the payroll already allows workers with a formal contract to have access to this type of loan, discounted from salary, but it requires the signing of agreements between companies and banks, which, in practice, makes it difficult for small and medium companies to make it difficult , and many large companies as well, they can join the model on a large scale.
In the government’s proposal, which will still be presented, the rules on the limits of the payroll for celetist workers should remain as they are, such as the 30% ceiling of the salary committed to the loan and the possibility of using 10% of the guarantee fund balance by Time of Service (FGTS) and the total of the fine received for dismissal without cause for the payment of debts, in case of dismissal of employment.
According to data presented by the Brazilian Federation of Banks (Febraban), the CLT workers’ salary in the private sector reaches about R $ 113 billion, while the volume of credit assigned in this segment is only R $ 40 billion. The INSS and public servants ‘retirees’ wage, which is around R $ 120 billion, results in a payroll -credit offer of R $ 600 billion. The goal, such as the new platform, is to triple the credit supply to the CLT employee.
