How to reach the value of 1200.00 Brazilian Real

PIS / PASEP (Social Integration Program / Public Employees Asset Creation Program) is a salary bonus awarded annually to Brazilian workers. While PIS is intended for those who work in the private sector through a CLT (Standardization of Labor Laws), PASEP serves public employees. The first is paid by Caixa Econômica Federal and the second by Banco do Brasil.

Thus, the maximum amount received from PIS/PASEP in the base year amounts to one minimum wage. That is 1212.00 Brazilian riyals. But to reach this value, it is necessary to comply with some rules.

Check how to get the maximum PIS / PASEP refund, as well as who is entitled to the allowance, by reading this article.

Who can replace PIS / PASEP

First of all, it is necessary to explain what the base year is. Basically, it is the year before PIS/PASEP is received. That is, a person worked for one year, and in the next year he will be able to receive the allowance. Therefore, in order to be entitled to the benefit, it is necessary that you meet certain criteria.

The first is to be registered with PIS/PASEP for at least 5 years. The other is to have a monthly income up to a minimum wage. Finally, the worker is required to carry out his professional activity in a formal manner. This means having a formal contract for those working in the private sector. or be a contract under the Public Servants Employment Scheme.

Thus, the available PIS/PASEP refers to the base years between 2016 and 2020. It turns out, in fact, that Caixa pays an allowance to workers who fit some specific situations. Benefits that have been reviewed, requested in lawsuits, or not yet used.

Regarding the value, it is necessary to make a calculation. As mentioned earlier, the minimum to receive PIS/PASEP is the minimum wage, which currently stands at R$1212.00. There is no way to earn more than that, in a base year. In order to make the calculation, it is necessary to take into account the time during which the worker was performing an officially paid activity in the base year.

It is necessary to divide the number of working months by 12 and multiply it by the person’s salary. That is, to access PIS / PASEP, it is important that the person has worked for at least 30 days. To receive the full amount of R$1212.00, the worker must have worked all year with a registered card.

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more information

In view of this, to get PIS / PASEP, it is necessary to pay attention to the established standards. In addition to the above factors, the business owner also needs to do his part. According to the law establishing the allowance, the company that hired the employee must report the employee’s data. This is done through the document Rais/e-social (Annual List of Social Information). More information can be found on the Caixa website: https://www.caixa.gov.br/beneficios-trabalhador/pis/Paginas/default.aspx.

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