Today: November 12, 2024
March 14, 2023
1 min read

Payroll interest for retirees is reduced to 1.7% per month

Most salary adjustments in October were above inflation

Retirees and pensioners of the National Social Security Institute (INSS) will pay less in future payroll loan operations. By 12 votes to 3, the National Social Security Council (CNPS) approved this Monday (13) the new interest limit of 1.7% per month for these operations.

The new ceiling is 0.44 percentage points lower than the old limit of 2.14% per month, the level in effect since last year. The interest ceiling for the payroll credit card fell from 3.06% to 2.62% per month. Proposed by the government itself, the measures come into force as soon as the normative instruction is published in the Official Gazette.

According to the Ministry of Social Security, the reduction will benefit around 8 million citizens with loans deducted directly from their payroll. Of this total, approximately 1.8 million beneficiaries reached the maximum discount limit of 45% of their retirement or pension.

At today’s meeting, the Minister of Social Security, Carlos Lupi, announced his intention to discuss the percentage discount margin on payroll at the next CNPS meeting, on April 27. Lupi classified the current fees as “abusive” and punishing vulnerable people. According to the president of the INSS, Glauco Wamburg, the average income of retirees and pensioners who use payroll loans is R$ 1.7 thousand.

The CNPS also approved, at this Monday’s meeting, the formation of a working commission to analyze the payroll credit card system for INSS beneficiaries, with the same proportionality as the advice and which should complete the analysis in 60 days. A commission was also approved to discuss the composition and competence of the collegiate within 90 days.Payroll interest for retirees is reduced to 1.7% per month

Source link

Latest Posts

They celebrated "Buenos Aires Coffee Day" with a tour of historic bars - Télam
Cum at clita latine. Tation nominavi quo id. An est possit adipiscing, error tation qualisque vel te.

Categories

Previous Story

Former President Lagos regrets the rejection of the tax reform: “The right has been in debt with the Chileans, we hope it rectifies”

Palmaflor defeats Blooming in an unusual match that had 42 added minutes
Next Story

Palmaflor defeats Blooming in an unusual match that had 42 added minutes

Latest from Blog

They threw a grenade against PDVSA-Lagunillas

They threw a grenade against PDVSA-Lagunillas

Unidentified individuals threw a grenade at the Pdvsa Puerto Zulima Norte facilities, located in Lagunillas (Zulia), according to military sources. The explosive device fell specifically in the North Dock booth of the
Ecuadorian international Marco Angulo, 22, dies

Ecuadorian international Marco Angulo, 22, dies

The Ecuadorian player Quito League Marco Angulowho suffered a serious traffic accident 39 days ago, died this morning, as confirmed by his club and the Ecuadorian Football Federation (FEF). The 22-year-old international
Go toTop