Retirees will have a 4 month suspended payroll loan debt



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The decision is valid for all of Brazil, but the Central Bank can still appeal. Credit: Shutterstock

Retirees with payroll loans will be relieved. It is that the Justice determined the suspension of the collection of four installments of all the debts, in the payroll, in reference to this type of loan. The measure applies to both INSS retirees and public service employees.

The decision was made by Judge Renato Coelho Borelli, of the Federal Justice of the Federal District, who argued that the release of approximately R $ 3.2 billion by the Central Bank “did not reach, in its entirety, the hands of the affected by the pandemic. ”

The decision responds to a request made in Ação Popular, by the lawyer Márcio Casado. According to the document, the decision directly benefits at least 62 million people, including retirees, account holders and business owners.

The popular action also justifies that the debts of Brazilian retirees reach R $ 138 billion, with monthly discounts of R $ 1.1 billion, making this part of the population more vulnerable to Covid-19. Márcio Casado explains the importance of this measure to guarantee the dignified survival of these retirees in the midst of the Coronavirus crisis.

The decision is valid for all of Brazil, but the Central Bank can still appeal. In a note, the Brazilian Federation of Banks (Febraban) stated that the decision will cause legal uncertainty and a greater framework of uncertainties, “which will harm retirees themselves.” According to the entity, the INSS payroll loan portfolio is R $ 142 billion.

With information from Agência Brasil

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