INSS: Learn how to increase your retirement up to 6 times | Rede Jornal Accounting

There is a condition called the Social Security Lifetime Review that allows you to increase your benefit up to 6 times.

The purpose of this review is to recalculate the average wage, taking into account all the worker’s wages, especially those prior to July 1994.

With this review, the retiree will be able to receive, according to the evaluation of specialists in pension law, the amount of the retirement can be increased up to 6 times.

Lifetime Review Goal

Especially because before the pension reform, the INSS calculated the average 80% higher wages of the worker as of July 1994, but as we have already explained, this analysis has changed.

Insured who receives the benefit floor

For this beneficiary, the Social Security ceiling may receive an increase with more than 100% profit.

This INSS lifetime review could cover more than 2,000 people, according to experts.

Requirements

In some situations, it will depend on some factors, if the taxpayer who worked all his life collecting above the social security ceiling, in 1993, however, went informal, became an entrepreneur and stopped contributing to the INSS.

So the benefit of this person in the previous rule was a minimum wage, it is worth remembering that he still had no contribution after 1994 once his salary guaranteed the benefit of the maximum amount.

Roof benefit

Any retiree who made contributions before 1994 will be eligible for a revised benefit and will likely be eligible for the pension ceiling.

Extra tip from Jornal Contábil: Understand and carry out the INSS procedures to enjoy social security benefits.

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By Laís Oliveira