New PIS/PASEP value for 2023 is surprising and you need to know

In March of this year, the federal government sent the so-called Budget Guidelines Law (LDO), approved by the National Congress in July. It contains the forecast of minimum wage 2023, with an estimated value of R$ 1,293. The good news is that this can also be the cap amount for the PIS/Pasep 2023.

Read more: AID BRAZIL from SEPTEMBER early? Government can change dates

Therefore, workers entitled to the benefit next year will receive an amount higher than this year, which was up to R$ 1,212, the equivalent of the current national floor. The maximum amount is paid to those who worked 12 consecutive months in the calculation base year.

This is because the salary allowance is based on the minimum wage to define how much benefit each worker will receive. But despite the approval of the LDO, the value may still undergo readjustments. Understand next!

New minimum wage and PIS/Pasep 2023

The minimum wage and the new salary bonus follow the estimate of inflation, measured by the National Consumer Price Index (INPC). Based on this scenario, there is a possibility that the government will change the readjustment, as the rise in prices may be higher than the estimate forecast at the beginning of the year.

If this happens, as the Ministry of Economy’s forecasts show, there is a possibility that the minimum wage in 2023 will not be R$1,293, but R$1,302. The current Constitution determines that the correction cannot be below inflation, in order to guarantee the purchasing power of Brazilians.

PIS/Pasep for those who worked in 2021

In 2022, the government carried out the transfers of PIS/Pasep to those who worked in 2020. Those who worked in 2021 have not yet received an official calendar with the transfer dates, with payment expected only next year. Due to the lack of budgetary space, there was a delay of one year in deposits.

Currently, a measure is being processed on the e-Cidadania portal asking that the release of the allowance for those who worked in 2021 be made in 2022. But for the idea to be discussed in Congress, it needs to receive at least 20,000 popular votes.

Who can receive PIS/Pasep?

Citizens who:

  • They worked for at least 30 days with a formal contract at the company;
  • They have been registered with PIS/Pasep for at least 5 years;
  • They had monthly remuneration of up to two minimum wages during the base year of the salary bonus; and
  • They have the data correctly informed by the employer in the Annual Report of Social Information or by eSocial.

About Yadunandan Singh

Born in 1992, Yadunandan approaches the world of video games thanks to two sacred monsters like Diablo and above all Sonic, strictly in the Sega Saturn version. Ranging between consoles and PCs, he is particularly fond of platform titles and RPGs, not disdaining all other genres and moving in the constant search for the perfect balance between narration and interactivity.

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New PIS/PASEP value for 2023 is surprising and you need to know

In March of this year, the federal government sent the so-called Budget Guidelines Law (LDO), approved by the National Congress in July. It contains the forecast of minimum wage 2023, with an estimated value of R$ 1,293. The good news is that this can also be the cap amount for the PIS/Pasep 2023.

Read more: AID BRAZIL from SEPTEMBER early? Government can change dates

Therefore, workers entitled to the benefit next year will receive an amount higher than this year, which was up to R$ 1,212, the equivalent of the current national floor. The maximum amount is paid to those who worked 12 consecutive months in the calculation base year.

This is because the salary allowance is based on the minimum wage to define how much benefit each worker will receive. But despite the approval of the LDO, the value may still undergo readjustments. Understand next!

New minimum wage and PIS/Pasep 2023

The minimum wage and the new salary bonus follow the estimate of inflation, measured by the National Consumer Price Index (INPC). Based on this scenario, there is a possibility that the government will change the readjustment, as the rise in prices may be higher than the estimate forecast at the beginning of the year.

If this happens, as the Ministry of Economy’s forecasts show, there is a possibility that the minimum wage in 2023 will not be R$1,293, but R$1,302. The current Constitution determines that the correction cannot be below inflation, in order to guarantee the purchasing power of Brazilians.

PIS/Pasep for those who worked in 2021

In 2022, the government carried out the transfers of PIS/Pasep to those who worked in 2020. Those who worked in 2021 have not yet received an official calendar with the transfer dates, with payment expected only next year. Due to the lack of budgetary space, there was a delay of one year in deposits.

Currently, a measure is being processed on the e-Cidadania portal asking that the release of the allowance for those who worked in 2021 be made in 2022. But for the idea to be discussed in Congress, it needs to receive at least 20,000 popular votes.

Who can receive PIS/Pasep?

Citizens who:

  • They worked for at least 30 days with a formal contract at the company;
  • They have been registered with PIS/Pasep for at least 5 years;
  • They had monthly remuneration of up to two minimum wages during the base year of the salary bonus; and
  • They have the data correctly informed by the employer in the Annual Report of Social Information or by eSocial.

About Yadunandan Singh

Born in 1992, Yadunandan approaches the world of video games thanks to two sacred monsters like Diablo and above all Sonic, strictly in the Sega Saturn version. Ranging between consoles and PCs, he is particularly fond of platform titles and RPGs, not disdaining all other genres and moving in the constant search for the perfect balance between narration and interactivity.

Check Also

How to check the payment of Emergency Aid up to BRL 3,000

For the single parent to check if they are entitled to the retroactive payment of …