Sunday, April 18, 2021

Bolsonaro’s promise, anticipation of the 13th of the INSS should stay for May

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The anticipation of 13th of retirees and pensioners from INSS promised by the president Jair Bolsonaro at the end of March it should only take place in May. The delay is related to the delay in resolving the impasse in the Budget, which hindered the release of resources for policyholders.

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The measure is part of the package of emergency actions prepared by the government to mitigate the effects of the Covid-19 pandemic on the economy and began to be considered at the beginning of the year, but has not yet left the paper.

On March 25, hours before the budget proposal was approved, Bolsonaro said that if the text passed Congress, the government could anticipate, even that week, the first installment of the benefit.

The Budget was approved that day, but that was not enough to keep the promise. The project was boosted to meet amendments by parliamentarians by cutting mandatory expenses.

The maneuver generated an impasse between government and Congress and, thus, the text has not yet been sanctioned. The deadline for this to happen is April 22, but it is possible that an agreement will be reached before
from that.

Second installment should stay for June

The Social Security Secretariat, linked to the Ministry of Economy, even prepared a decree that establishes the payment of the first installment of the bonus in April and the second in May. With the delay, payments are expected to be made in May and June, respectively.

An opinion from the Budget Secretariat, also linked to the Economy, details why the release of transfers to policyholders depends on the sanction of the proposal. The folder warns that a good part of the social security expenses are conditioned to a special authorization from the Congress so that the government is indebted to pay current expenses.

Only, for the Legislature to give this endorsement, it is necessary that the budget law is in force. In the meantime, Social Security spending is limited to a fraction of the forecast for the entire year, which leaves no room for maneuver to anticipate benefits.

Although it is still early April, technicians warn that the bonus should stay only for May because the INSS payroll starts to run in advance, since it involves almost 30 million people. The expectation is that this process starts to be done this week, without the anticipation of the 13th benefit.

The measure would benefit 29.6 million retirees and pensioners and has the potential to inject R $ 52.7 billion into the economy, considering the two installments. The payment schedule starts at the end of each month and runs until the first days of the following month.

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