truth about the 14th salary salary is EXPOSED in 2024

The 14th INSS salary is a bill that proposes the payment of an annual bonus to retirees and pensioners of the General Social Security Regime (RGPS).

The bill that proposed the payment of a 14th salary to INSS retirees and pensioners in 2024 was presented in 2023, with the aim of helping this population at a time of high inflation and suboptimal readjustments.

The project provided for the payment of a bonus equivalent to one minimum wage, limited to two minimum wages per beneficiary. Understand what could happen with the 14th salary Project in 2024.

Everything that is known about the release of the 14th INSS salary

News about the 14th salary in 2024

Amidst a scenario of intense debates and growing expectations, the 14th INSS salary promises to be good news for retirees and pensioners across Brazil.

Originated in 2020, during the challenging times of the pandemic, the proposal aims to offer additional financial support to those who have already contributed significantly to the country.

This measure is seen as recognition and support for those who have dedicated years of service, now at a stage in life where financial well-being is crucial.

The impact of the 14th Salary

The implementation of the 14th salary comes as a response to the needs of a demographic group that often faces financial difficulties in retirement.

With lifespan extending and healthcare costs rising, a boost to your budget can mean dignity and security.

On the other hand, the Federal Government is going through a period of financial strain. After all, Brazil is in one of its worst fiscal crises in history. Extra INSS expenses mean more expenses for the Union.

Even though the INSS 14th salary project has gained strength again in 2024, there is still no guarantee that the extra bonus will be paid. It needs to be approved by the National Congress and the Federal Executive.

Understanding non-approval

The project was approved by the Social Security and Family Committee of the Chamber of Deputies, but was never voted on in the House’s plenary. The main reason for non-approval was the lack of resources in the federal budget.

The government claimed that the payment of the 14th salary would have a significant impact on public accounts, making its implementation unfeasible.

The decision was received with disappointment by many retirees and pensioners, who expected the benefit as a supplement to their income.

The decision generated criticism from entities representing this population, who argued that the government should have found alternatives to make payment viable.

Some experts were against the 14th salary, arguing that the measure could generate a cascade effect, pushing for salary adjustments in other categories and negatively impacting inflation.

Others highlighted that the focus should be on finding more permanent solutions to the issue of social security, such as reforming the system.

Possible alternatives

Given the non-approval of the 14th salary, some alternatives are being discussed to help retirees and pensioners. Among them are:

Increase in the value of the annual salary bonus; Creation of new income transfer programs; Implementation of policies to value the elderly.

The mobilization of civil society is essential to pressure the government and the National Congress to seek solutions to the issue of the 14th salary.

It is important that retirees and pensioners come together and speak out in favor of this measure.

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