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HE Institute of Applied Economic Research (Ipea) detailed a new study to make the wage allocation an emergency measure during a new coronavirus pandemic.
The measure foresees the addition of R $ 5 billion annually in the expenses already foreseen for the benefit, considering 2020 and 2021, an increase of around 25% in the total expense.
The proposed amendment to the Salary Bonus Program, provided for in the 1988 Constitution, aims to mitigate the financial impacts caused by the new coronavirus pandemic.
Present in the study entitled Profile of the beneficiaries of the wage subsidy in Brazil and an emergency proposal in the context of Covid-19, developed by researchers from the Sandro Pereira Institute, Brunu Amorim and Felipe Mendonça, the proposal arose from the verification of the scope of the training program. Salary allocation in the analysis of the profile of beneficiaries.
Faced with the challenge posed by the health circumstance, the researchers developed a study that included the allowance money as an adjunct to boost the economy.
Using the existing base of bonus recipients, no new operational engineering would be necessary. There should only be a readjustment of the National Treasury calendar and the cash flow for payments, given the suggested anticipations. Therefore, the government would not need to spend on additional system implementations to get the resources to the worker.
Since its inception, the annual value of PIS / PASEP it was a minimum wage for all workers who met the entry requirements. This rule was only modified by Provisional Measure (MP) number 665, of December 30, 2014, and then by Law 13,134, of June 16, 2015. Today, in current regulations, the benefit is calculated in proportion 1 / 12 of the minimum wage for each month of work registered in the reference year.
What would the value be?
Within the current regulations, around R $ 20 billion are spent annually, something close to 0.3% of the Gross Domestic Product (GDP), deposited in a single installment with different amounts up to the ceiling of the minimum wage of more than 20 millions. workers.
However, to guarantee the extension of benefits with the emergency subsidy, the proposal foresees a return to the rules prior to MP 665/2014, eliminating the rule of 1/12 of two and guaranteeing the ceiling of the minimum wage benefit. to all workers. that meet the admissibility requirements. This change would represent an increase of approximately R $ 5 billion in total transfers with the program.
In the evaluation of the economist Sandro Pereira, one of the coordinators of the research, the impact of taking an emergency measure like this will be, above all, on mitigating the fall in household disposable income. “It would benefit, in particular, lower-income families, who receive between one and 1.5 minimum wages.
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The expectation is that the transfer of these resources to workers activates the local economy, small businesses, and the demand for products and services. This could be an additional factor to help revitalize the Brazilian economy, ”he said.
Beneficiary profile
Currently, about 80% of those who receive the wage subsidy are service workers, as well as salespeople in shops and markets, in the production of industrial goods and services and in administrative services. “The important thing is that the subsidy could serve as an income compensation factor for families who have lost or are losing their formal jobs. Even those who lost their jobs in March and April this year, when social isolation was determined, these people would have guaranteed a full allowance minimum wage next year, as the proposal includes both workers who will receive the benefit in 2020, like those who will receive it in 2021, ”Pereira said. Read the full study.
The wage subsidy has already started for those who worked in 2019
According to information from the Ministry of Economy, on June 30 the payment of the salary allocation of the base year of the PIS / Pasep 2019 began to be released.
For private sector workers, linked to the PIS, the payment date is the anniversary month. For public servants, associated with Pasep, it is the last digit of the registration number.
On this occasion, workers with expected retirements will have the amount credited to the account, in the case of account holders at Caixa Econômica Federal or Banco do Brasil. For the other participants, the voucher will be available from July 16.
Workers born between July and December receive PIS later this year. Those born between January and June will have the resource available for looting in 2021.
Public servants with the end of registration of Pasep from 0 to 4 also receive this year and the registrations with the end of 5 to 9 will be for next year.
Those who have not withdrawn the payment from the 2019/2020 calendar may do so now or in up to five years, without the need for a judicial determination, as determined in article 4 of Codefat Resolution 838.
Therefore, the account holders of Caixa and Banco do Brasil will also have the account credits available as of June 30 and the rest will be able to withdraw them as of July 16.
See also: TWO payment lots of up to R $ 2,090 in PIS and up to R $ 1,045 in FGTS are released
