understand who could be AFFECTED in 2024

The INSS lifetime review, scheduled to be judged by the STF in 2024, could significantly increase the value of pensions and benefits.

In 2024, the National Social Security Institute (INSS) may witness a significant transformation that promises to redefine the calculation of pensions and benefits, potentially increasing values ​​for thousands of Brazilians.

This article explores the whole life review, a change eagerly awaited by policyholders that could alter the financial fortunes of many. After all, the STF can change the way it calculates INSS salaries.

STF changes may affect INSS benefits – Credit: @jeanedeoliveirafotografia / pronatec.pro.br

How does the whole life review impact the value of INSS salaries?

The whole life review is a proposal that seeks to include all contributions made to the INSS before July 1994, the date of implementation of the Real Plan, in the retirement calculation.

Currently, the calculation only benefits from the 80 largest contributions after that date. Including the entire contribution period can considerably increase the value of benefits.

How it works?

Beneficiaries who retired in the last ten years, with benefits granted between 1999 and 2019, may be eligible to request this review.

It is necessary, however, to prove contributions prior to 1994, which can be done through paychecks, payment slips, copies of work cards, among other documents.

Expectations and impacts

The decision of the Federal Supreme Court (STF) on the review of whole life is scheduled to be resumed at the end of February 2024.

A favorable decision could mean a substantial increase in the value of INSS salaries for many insured people, representing a significant improvement in the quality of life of retirees.

The importance of review

Contributions made before 1994 are often disregarded in the current calculation, resulting in retirement or benefit values ​​that are lower than would be fair.

The whole life review aims to correct this discrepancy by ensuring that policyholders receive the appropriate amount they have contributed throughout their lives.

How to apply?

To request a lifetime review, it is necessary to initiate an administrative process with the INSS, presenting documentation proving previous contributions.

Due to the complexity of the process, we recommend the assistance of a lawyer specialized in social security law.

Check out the benefits of the National Social Security Institute

The INSS offers several benefits to guarantee the social protection of Brazilian workers.

Among the main INSS salaries are sickness benefit, retirement and the Continuous Payment Benefit (BPC). To access each of them, you must meet specific requirements.

Sickness benefit

Sickness benefit guarantees a monthly salary for a specified period of time for workers who are unable to work due to illness or accident. To be entitled to the benefit, you must:

Have 12 months of contributions to the INSS; Be away from work for more than 15 consecutive days; Have an illness or accident proven by an INSS doctor.

The amount of sickness benefit varies according to the length of contribution and the amount of the last 12 contributions.

Retirement

Retirement guarantees a lifetime INSS salary for workers who have met the minimum age and contribution time requirements.

The rules vary depending on the type of retirement desired:

Retirement by age: 65 years for men and 60 years for women, with 180 months of contribution. Retirement by length of service: 35 years of service for men and 30 years for women. Retirement by points: sum of age and contribution time that varies according to sex.

The retirement amount depends on the contribution time and the value of the last 60 contributions.

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