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16 December 2024

Proposed 2025 PIS/Pasep Payment Schedule Unveiled

Brazilian government announces payment dates pending Codefat approval, addressing eligibility changes.

The Brazilian Federal Government has unveiled the proposed schedule for PIS/Pasep payments due to begin on February 17, 2025. This announcement marks the first official update after months of speculation concerning the welfare benefits designated for workers.

The announcement was made on Thursday, December 12, and details indicate the new pay schedule awaits approval from the Council of the Deliberative Fund for Worker Assistance, known as Codefat. This review is slated to take place next week, wherein representatives from the federal government will convene to finalize the dates.

The timeline for the 2025 payments reflects the structure established for distribution to both private and public sector workers. Payments are organized around the month of the birthday of eligible workers, ensuring a systematic and orderly rollout.

For reference, the anticipated distribution dates are as follows: workers born in January will receive their benefits on February 17, those born in February will be paid on March 17, and so forth, with the final payment for November and December births slated for August 15, 2025. It should be noted, the final day for all payments to be conducted within the year will be December 29, 2025.

This upcoming allotment aims to support individuals who fulfilled contributions within the designated criteria during 2023. For 2025, the eligibility requirements have evolved slightly; applicants must have earned monthly wages not exceeding R$2,640—an adjustment aimed at addressing the rising costs of living and inflation pressures on Brazilian households.

Specifically, to qualify for the PIS/Pasep benefits, one must fulfill several criteria: have worked formally for at least 30 days during the reference year (2023), be registered under the PIS/Pasep for at least five years, and have their employment details accurately reflected on the Relação Anual de Informações Sociais (Rais), assuring compliance from their employers.

The rationale behind the proposed payment schedule is grounded not only in compliance but also future economic measures intended to streamline governmental fiscal operations. The federal administration has submitted new legislative proposals aimed at fiscal discipline and budget stabilization, which intend to gradually adjust the income thresholds for obtaining benefits, setting the stage for significant revisions by 2035.

According to sources, should the adjustments be ratified by Congress, eligibility numbers may dwindle, as benefits would restrict eligibility to those whose monthly incomes remain within the new salary standards. Initial implementation will see the thresholds tightening over fiscal years, which precedes future reforms incrementally dropping the limits down to one and one-half minimum wages by 2035.

Even with potential budgetary constraints, the government aims to allocate R$30.6 billion for the upcoming payments, supporting around 25.7 million workers throughout Brazil. This value reflects the government’s continued commitment to providing financial assistance as the nation strives toward economic recovery.

Qualified individuals can easily check their standing and eligibility for these payments using contemporary digital platforms. Workers will be able to access their information via the Digital Work Card application or the portal Gov.br starting February 5, 2025. A successful verification entails entering one’s CPF and passing standard security checks, which often includes biometric identification.

It's worth mentioning, the financial benefit reflects the number of months worked during the reference year 2023. Those who have worked the entire duration will receive the full anticipated amount—contingent on the government guidance establishing what constitutes the minimum payment for the PIS/Pasep, estimated to reach R$1,515 for the year 2025.

Aside from these developments, the distribution method remains constant: PIS benefits are routinely paid through Caixa Econômica Federal, and Pasep benefits are disbursed via Banco do Brasil. For beneficiaries without accounts linked to these institutions, provisions are available to receive their payments at bank branches.

Lastly, it’s pertinent to remind current and potential beneficiaries of their opportunity to claim 2024 benefits, as these can be withdrawn until December 27, 2024; failing to do so could lead to refunds back to the public purse.

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