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It was released by Institute of Applied Economic Research (Ipea) a new study to make wage allocation an emergency measure for the duration of the 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 salary bonus in Brazil and an emergency proposal in the context of Covid-19, developed by the Institute’s researchers, Sandro Pereira, Brunu Amorim and Felipe Mendonça, the proposal arose from the verification of the scope of the Salary Assignment 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 aid to boost the economy.
Using the existing base of payroll 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 it was created, 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 the 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 for more than 20 million workers.
However, to guarantee the extension of benefits with the emergency subsidy, the proposal provides for a return to the rules prior to MP 665/2014, eliminating the 1/12 rule of two and guaranteeing the ceiling of the minimum wage benefit. for all workers who meet the eligibility 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 drop in household disposable income. “It would benefit, in particular, lower-income families, who receive between one and 1.5 minimum wages.
The expectation is that the transfer of these resources to workers will activate 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. “What is important is that the allowance 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 of this year, when social isolation was determined, these people would be guaranteed a full allowance minimum wage next year, as the proposal includes both workers who will receive the benefit in 2020 , as well as those who will receive it in 2021 ”, Pereira pointed out. Read the full study.
