Clipping of news on Brazilian Culture, Law and Citizenship
22/11/2012
This article was translated by an automatic translation system, and was therefore not reviewed by people.
Brasilia - The House of Representatives approved yesterday (21) the reduction of the minimum age from 70 to 60 years to serve the individual accounts of the Social Integration Program (PIS) and the Training Program of the Civil Service Asset (Pasep). The bill, which goes to presidential approval also gives the right to people with disabilities.
The PIS and Pasep were unified in 1975 and after the 1988 Constitution, the resources are no longer credited to the participants and were included in the Worker Support Fund (FAT) to fund the payment of unemployment insurance and boost the productive sector . They also serve to pay an annual salary bonuses to workers earning up registered two minimum wages.
For the proposal rapporteur, Mr Julio Cesar (PSD-PI), the project will not cause great financial impacts to the government. "We are dealing here with a residual balance, that will not cause big difference in the bottom PIS / Pasep, primarily because most of the people who had deposits in individual accounts has completed 70 years previously existing age to serve," the opinion piece says .
Source: MSN News
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This article was translated by an automatic translation system, and was therefore not reviewed by people.