The most recent pension reform, which occurred in 2019, has caused many NIS taxpayers to delay retirement due to the new rules. Changes in the minimum age and contribution time requirements are gradual and gradually increase each year.
Applications will only be accepted if all the requirements of the chosen method are covered by the taxpayer’s personal data and social security history. The INSS has up to 90 days to respond to withdrawal requests.
In order not to request Social Security retirement at an inappropriate time and receive a negative response from the INSS, it is important to be aware of the updates to the regulations and consult Social Security professionals.
In addition to a denied application, a lack of expert guidance can result in a taxpayer earning less insurance than they are entitled to based on their history.
When preparing the necessary documents to apply for retirement, it is also recommended to verify your registration in the National Registry of Social Information (CNIS), where all the contributions and employment data of the applicant are recorded.
Can those who do not meet the required contribution time request a withdrawal from the INSS?
The usual modalities for granting retirement do not negotiate their requirements. Whether by minimum age, contribution time or total points (which also count as age and time as a contributor), the applicant must demonstrate that they meet all the requirements. Sickness benefit and maternity benefit are also not released without due proof.
However, there is a federal government assistance policy distributed by the National Social Security Institute (INSS) that does not require a contribution time target for those who request it. It is a Continuous Application Benefit (BPC), which is provided for in the Organic Law of Social Assistance (LOAS).
The target audience for this feature are Brazilians over 65 or people with disabilities, of any age, who cannot support themselves or have another source of income. Another requirement of the BPC is that applicants are already registered in the Individual Registry of Social Programs (CadÚnico) before submitting the application.
The subsidy entitles you to a monthly deposit in the amount of the current minimum wage, which is also the Social Security minimum. In 2023, the minimum wage for workers will be R$ 1,302. About 5 million Brazilians currently receive a BPC.
Consult all the requirements to become a beneficiary of BPC
- Be Brazilian (by birth or naturalized) or Portuguese with proof of residence in Brazil;
- That the per capita family income is equal to or less than a quarter of the minimum wage;
- Be registered in the CadÚnico before applying for benefits;
- In the case of senior citizens, be 65 years of age or older;
- In the case of people with disabilities, who have a physical, mental, intellectual or sensory condition verified by a medical report;
People with serious mental disorders and/or permanent health problems, which have been verified by a medical report and expertise from the INSS; With family income prescribed.
The payment dates of the continued benefits follow the same calendar as the rest of the policies distributed by the INSS. The beneficiaries are part of the first group, along with those who receive the same amount of minimum monthly salary from the agency.
The order of payment is determined according to the last digit of the insured’s social security number. See below for scheduled dates for January 2023 deposits.