CONFIRMED proposal to replace Bolsa Família with 3 new benefits



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A new draft visa convert program Family scholarship in three newer Benefits. The proposal, drafted by Senator Tasso Jereissati (PSDB-CE), is titled “Law of Social Responsibility”.

The project aims to establish a plan to reduce the poverty rate in the country. For that to happen, the Government should create 3 grants:

  • Minimum Income Benefit (BRM);
  • Savings for Family Insurance (PSF); and
  • I save more.

The objective of the proposal is that within 3 years of the entry into force of the law in the country, the poverty rate will gradually reduce to 12%, 11% and 10%, and the extreme poverty rate to 4%, 3% and 2%.

The forecast of spending in the new project is no less than R $ 46 billion, within the ceiling rule. However, if the resource is not sufficient, the “triggers” of the spending ceiling, in the estimated amount of R $ 4.1 billion per year.

The bill is expected to be voted on in February 2021.

New benefits

If the proposal is accepted by the Federal Government, Bolsa Família will be replaced by 3 new grants, as follows:

  • Minimum income benefit (BRM): up to R $ 125 per person, with the forecast that 13.2 million families can be served with an average amount of R $ 230;
  • Savings on family insurance (PSF): intended for people with income up to R $ 780, with a deposit of up to 15% of the declared value of the worker’s income;
  • More savings for education (SMEs): R $ 20 per student enrolled in the educational network.

In the case of Poupança Seguro Família, the amount to be released would be in an individual account, being fully invested in National Treasury bonds.

However, if the beneficiary can only withdraw the amount in the event of a public calamity recognized by the Union, this case includes, for example, the pandemic. In addition, the fall in the family’s monthly per capita income from work may make it possible to withdraw the benefit.

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