Uncategorized

INSS: Payroll rate for retirees is reduced by 1.7% in 2023

The National Social Security Council approved the cut in interest charged for taking out INSS loans.

Advertisement

The National Social Security Council approved the cut in interest charged for taking out loans for INSS retirees and pensioners. Thus, the interest ceiling on conventional loans will fall from the current percentage of 2.14% am to 1.7%. Out of 15 votes, 12 were in favor of the change and 3 votes were against.

The interest ceiling on transactions carried out by credit card was also changed, from 3.06% to 2.6% per month. The measure was considered essential for reviving the market and taking out new loans, now with a more attractive rate compared to the 13.75% of the current SELIC.

However, to come into force, the new rates depend on the publication of a normative instruction in the Official Gazette of the Union. According to the Ministry of Social Security, the new instruction must be published on Wednesday, the 15th.

Decision was celebrated by the minister

The Minister of Social Security, Carlos Lupi (PDT) celebrated the decision on his Instagram account saying that: “lowering interest rates is the flag of our government“. Lupi ended by saying “As far as the Ministry of Social Security depends, we will always be willing to help“, showing support for the measure.

The reduction was proposed by the Government and was approved, after studies by the CNPS, which is made up of representatives of the Government, retirees, companies and workers.

It is important to highlight that only new contracts will benefit from the new defined interest limit. Old contracts remain with the old tracks.

The INSS payroll loan

The INSS payroll credit is aimed at retirees and pensioners and the amounts are deducted directly from the beneficiary's payroll. Therefore, credit is considered less risky, as the money is charged directly at the source

Currently, there are 8 million retirees and pensioners with an active payroll loan contract and around 1.8 million have already committed to the credit use limit of 45% of the beneficiaries' income, according to the Ministry of Social Security.

João Inocentini, president of Sindnapi (National Union of Retirees) of Força Sindical, said that the banks' proposal was to maintain a slightly high rate, rising to 2.04% per month. Inocentini believes that the sudden drop in rates could mean that smaller banks are unable to operate the credit modality.

“I think we have to carry out calculations so that [smaller] banks continue offering, because the impact is very big. Those who need it most will have difficulty. It is necessary to lower the rate, because these are the ones who go to the favela, the countryside, the hinterland to make the consignment.”

Now a working group is about to be formed to discuss the fees that institutions pay for the payroll loan operation.

More news on the portal: ☕ CoffeePost:

About the author  /  Tiago Menger

Trending Topics

content

Tired of empty meetings? Meet Salt

The Salt app connects Christian singles looking for true, faith-based relationships. Start chatting today!

Continue lendo
content

Amounts Receivable: Find out how to withdraw forgotten money

Through the Values Receivable System (SVR), 38 million individuals and 2 million companies must redeem around R$ 6 billion.

Continue lendo
content

Bolsa Família: Payment of the 13th in a single installment is confirmed for this state

Beneficiaries of the Bolsa Família program will receive 13. According to the Government, payment will take place from the month of June.

Continue lendo

You may also like

content

Applications to clear cell phone memory!

Discover the best apps to clean up your cell phone's memory and optimize its performance. Say goodbye to insufficient storage!

Continue lendo
content

INSS: Retirees are entitled to a new benefit

Will INSS retirees have a new benefit? The Bill, which provides for exemption from proof of illness, being exempt from (IR).

Continue lendo
content

Is PIS-PASEP for those who worked in 2022 already being paid? Understand the calendar

The annual PIS/PASEP bonus is the right of a specific group of workers. Payment used to be for the previous year and proportional to working time

Continue lendo