PIS/Pasep: R$127 million is forgotten for withdrawal – 10/01/2024 – Market

A total of 155,000 workers have around R$127 million in PIS (Social Integration Program) allowances that can be withdrawn from Caixa until December 27th, according to information from the bank.

The last batch of payments was released on August 15th, referring to the period worked in 2022, called base year 2022. Every year there is money forgotten about the salary bonus because there are, among other cases, people who do not know they are entitled to the benefit, which is in the government’s sights to undergo reformulations.

The query to check whether there is money left over from the allowance is made on the Caixa Tem app, on the Caixa Trabalhador app or on the Citizen portal.

The money that is not withdrawn by December 27th will be returned to the FAT (Worker Support Fund). If the worker does not withdraw the money by December, he will still have the right to request the amounts within five years, counting from the closing date of the annual payment calendar, according to resolution 838, of 2019.

According to Caixa, 23.2 million installments of the salary bonus were paid for workers born between January and December, totaling R$24.2 billion throughout Brazil.

Workers linked to private entities and companies receive the bonus at Caixa. Anyone who works in the public sector is registered through Pasep and receives the benefit at Banco do Brasil.

Who is entitled?

The worker registered with PIS/Pasep for at least five years and who has formally worked for at least 30 days in 2022, the base year for payment, with an average monthly remuneration of up to two minimum wages.

It is also necessary that the data has been correctly reported by the employer in the Rais (Annual Social Information List). Anyone who works in the public sector is registered through Pasep and receives the benefit at Banco do Brasil.

What is the value of the PIS/Pasep salary bonus?

The bonus is paid according to the number of months worked in the base year and can reach a minimum wage of R$1,412 in 2024. Anyone who worked a month is entitled to 1/12 of the minimum wage. If the beneficiary worked all year, they will receive a full minimum wage.

How is PIS paid?

Payment of PIS is made by Caixa to private sector workers who have a formal contract. The money is automatically released to those who are bank customers, depending on the worker’s birthday month.

Beneficiaries who have a checking or savings account with Caixa receive it automatically in their accounts. The other beneficiaries received digital social savings operated by Caixa Tem.

If it was not possible to open the digital account, the withdrawal can still be made using the Social Card and password at self-service terminals, lottery units, Caixa Aqui correspondents or at Caixa branches.

How is Pasep paid?

Pasep (Public Servant Assets Training Program) is paid by Banco do Brasil to civil servants who worked in the base year of 2022.

Banco do Brasil customers receive payments directly into their accounts. Others must look for a bank branch of the institution to withdraw the money.

Banco do Brasil informed that it releases credits based on data sent by the Ministry of Labor.