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PIS/PASEP: 2021 calendar should start in February 2023

Those who work with a formal contract are curious to know when the government should release the PIS/PASEP for the 2021 base year.

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Those who work with a formal contract are curious to know when the government should release the PIS/PASEP for the base year 2021. However, according to the logic and rules of the benefit, the PIS/PASEP payment should have been made this year, however, the The amount may still take some time to be credited to workers' accounts.

This is due to the snowball created with the suspension of the benefit payment calendar due to the negative economic impact caused by the pandemic in Brazil. From this point on, it is expected that the amount will be deposited into the workers' account only in 2023. Especially because, in 2022, the government gave priority to the payment of the 2020 base year calendar, which was paid between the months of February and March .

The PIS/PASEP payment schedule was scheduled for 2023. In short, the government decided to prioritize the payment of the 2020 base year calendar, which was paid between the months of February and March.

Following the usual PIS/PASEP schedule, it would be correct for the 2020 base year bonus to be paid in 2021. However, due to the pandemic, the government decided to use the money to pay the BEM (Emergency Employment and Income Preservation Benefit ). At the time, the program aimed to help companies and maintain active jobs.

When payments resumed, the federal government said that payments would be made in stages, as there were no resources to pay the benefit in double (referring to the years 2020 and 2021).

When will PIS/PASEP be paid for 2021?

In short, PIS/PASEP 2020 was paid in 2022 and PIS/PASEP 2021 must be paid between February and March from 2023 onwards. PIS/PASEP for the base year 2022 must only be paid in 2024.

Furthermore, the annual allowance calendar may change and be paid at the beginning of the year instead of July to July of the following year, as was the case until 2021. Furthermore, it is necessary to mention that this is not the official calendar. This is said because the disclosure has not yet been made by the government.

For example, in 2022, the 2020 base year payment was paid from February 8 to March 31, depending on the month of birth. It remains to be seen whether the new government will take the same measure. Furthermore, it is important to highlight that Caixa currently has a more robust operational structure and would be able to make payments without problems in less time compared to previous years, mainly due to the digitalization of services and the use of applications such as Caixa Tem.

Who can receive PIS/PASEP 2021?

To receive PIS/PASEP, the employee must comply with some of the benefit rules:

  • Be enrolled in PIS/PASEP programs for at least 5 years; 
  • Have worked for at least 30 consecutive days with a formal contract or not; 
  • Have received up to 2 minimum wages; 
  • Have the data correctly reported by the employer (Legal Entity) in the RAIS (Annual Social Information List).

How are PIS and PASEP paid?

PIS

  • Through account credit if the employee has a current, savings or Digital Social Savings account; 
  • At ATMs, lottery outlets and CAIXA Aqui correspondents with your citizen card; 
  • At the CAIXA branch, upon presentation of the PIS number and an official identification document.

PASEP

  • Payment of the salary bonus is made by crediting accounts to BB account holders and savers; 
  • Account holders at other financial institutions can send a TED to their account via TAA or WEB; 
  • Finally, others will be able to make withdrawals at Banco do Brasil branches upon presentation of an official identity document.

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About the author  /  Tiago Menger