Ends on Friday for the first batch of the PIS-Pasep fund calendar | Financial Education

You are entitled to the PIS-Pasep Fund, which worked with a private sector portfolio or was a civilian or military civil servant between 1971 and 1988.

Caixa Econômica Federal is responsible for the payment of PIS funds, which corresponds to about 80% of the total, and Banco do Brasil is responsible for the payment of Pasep's resources (about 20% of the total).

In July, there will be an operational pause of the PIS / Pasep Fund, so the fiscal year values ​​will be corrected, and no withdrawals will be allowed.

As of August 8, the account holders were receiving funds of all ages from Caixa and Banco do Brasil, for a total of R $ 5 billion.

And as of August 14, withdrawals are being released for shareholders of all ages, including those who do not take the kick in the first stage. All beneficiaries under the age of 60 will have until September 28 to withdraw the money.

Anyone leaving to withdraw PIS-Pasep funds in August will have the account balances recalculated based on the fund's earnings in the last 12 months, and the estimate is an increase between 8 % and 10%. For example, those with the $ 1,000 account balance will receive between $ 1,080 and $ 1,100. The correction applied the previous year was 8.9%.

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After September 28th, the withdrawal withdrawal rule only applies to cases retirement, age to (including dependents), the death of the shareholder (allowing the heir to withdraw) and some serious illnesses, such as cancer, AIDS , Parkinson's disease and tuberculosis (including dependents). In such cases, it is possible to withdraw at any time, without having to follow a schedule, and the deadline is open indefinitely.

Since the PISP Fund's quotas have been in force for some time, many beneficiaries are unaware of this right and, in the event of the death of the shareholder, the heirs do not know either that they have right to money.

Total withdrawn the first week

Total withdrawals from the PIS-Pasep Fund between June 18 and 22 were R $ 792.4 million, according to the latest survey by the Ministry of Planning. In the branches of Caixa Econômica Federal and Banco do Brasil, a total of 613,814 quota holders participated. The government considers the number expressive.

Considering only beneficiaries aged 57 and older, the public served the first batch of the withdrawal schedule, 489,879 quotas were withdrawn between days 18 and 22, for a total of 596.4 million reais.

The total number of beneficiaries is 28.7 million people, for a total of 39.3 billion reais – 12.5 million people aged 60 and over who have the right to withdraw 23.2 billion and 16.1 million reais millions of people under 60 with the right to withdraw 16.1 billion reais.

The average value for each beneficiary is R $ 1,375, but the Ministry of Planning indicates that the amount to be collected depends on the length of the period during which the PIS-Pasep Fund was in force.

In the case of shareholders under 60, PIS is 13.6 million people, who are entitled to 13.8 billion reais, according to Caixa. Total shareholders, including those over 60, are $ 21.3 million, or R $ 28.1 billion.

In the case of Banco do Brasil, 2.4 million participants under the age of 60, for a total of R $ 2.3 billion. BB manages 3.67 million shares of Pasep, for a total of 6.1 billion reais.

The withdrawal of the PIS quotas will take place after the confirmation of the law in the Caixa branches. Payments with a maximum value of R $ 1,500 can be made self-service with the pbadword of the citizen, without the citizen card or lottery and Caixa Aqui with the citizen card and the word of pbades, upon presentation of an official identity document. .

Withdrawals of up to R $ 3,000 can be made with citizen card and pbadword in automatic service, lottery and Caixa Aqui, with an official identification document with picture.

Amounts greater than 3,000 reais must be withdrawn from the agencies, upon presentation of an official photo identification document.