Retirees, pensioners and those who receive permanent benefits from the National Social Security Institute (INSS) will be able to advance up to R$150 of the benefit and pay it the following month without interest, correction or fees. The objective of the Meu INSS Vale+ card, launched this Thursday (28) by the Ministry of Social Security and the National Social Security Institute (INSS), is to advance the value of the benefit to meet the basic needs of retirees and pensioners. 
The amount will be deducted directly from the payroll, and the benefit can only be used once.
According to the Minister of Social Security, Carlos Lupi, the objective is to provide resources for the purchase of items such as medicine, food, gas and transport. Lupi states that there will be no fees or annual fees of any kind. “It’s a way to give less money, but faster and without any fees.”
The benefit will be provided in partnership with financial institutions through a technical cooperation agreement signed with the INSS. The card can only be used as credit and will not allow withdrawals.
Last year, the government launched Meu INSS+, which allows discounts in pharmacies, cinemas, showsservices, telemedicine, insurance and travel, among others. According to the ministry, the benefit has already reached 32.8 million accesses since its creation.
Rules
The Meu INSS Vale+ advance will not depend on prior unlocking of the benefit. The INSS will not be jointly responsible for debts or financial commitments assumed by the beneficiary with financial institutions.
The card cannot be used for physical or electronic betting. “It doesn’t make sense for us to provide an advance to feed an addiction”, explained the president of INSS, Alessandro Stefanutto.
Salary advances must be made through a financial institution with at least 12 months of experience in this service and which has signed an agreement or technical cooperation agreement with the INSS. The use of the insured’s physical card will also be required, with chip and personal password, contracted with the duly accredited financial institution.
