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MP 1021 was published today 12/31 in the Official Gazette, which announced the minimum wage for 2021, which will be R $ 1,100.00 as of January 1.
Congress approved the Budget Guidelines Law (LDO) for 2021, setting the minimum wage at R $ 1,088. In the proposal approved by the parliamentarians, there was no real increase in wages, only the correction was made based on the accumulated inflation projection for the year, according to the National Consumer Price Index (INPC).
The amount of R $ 1,100, which represents an increase of 5.26% compared to 2020, was chosen to compensate for the expected loss with inflation in 2020, which the government estimated at 4.1%.
Discounting the inflation projected by the government for 2020 of 4.11%, a minimum wage of R $ 1,100 represents a real increase of 1.2%
Minimum wages from 1994 to 2021
View minimum wage history
Provisional Measure 1021
PROVISIONAL MEASURE N ° 1,021, OF DECEMBER 30, 2020
It establishes that the minimum wage is effective as of January 1, 2021.
THE PRESIDENT OF THE REPUBLIC, making use of the powers conferred by art. 62 of the Constitution, adopts the following Provisional Measure, with force of law:
Art. 1 As of January 1, 2021, the minimum wage will be R $ 1,100.00 (one thousand one hundred reais).
Sole paragraph. As a consequence of the provision in the caput, the daily value of the minimum wage will correspond to R $ 36.67 (thirty-six reais and sixty-seven cents) and the hourly value, to R $ 5.00 (five reais).
Art. 2 This Provisional Measure takes effect from the date of its publication.
Brasilia, December 30, 2020; 199 of the Independence and 132 of the Republic.
Source: MP 1021
