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President Bolsonaro increases the minimum wage by R $ 998 in 2019. Decree signed by President Jair Bolsonaro and published Tuesday (1st) in an additional edition of the "Official Journal of the Union" setting the minimum wage at R $ 998 this year. The present value is R $ 954.
The value was therefore lower than the estimate in the budget of the Union, R $ 1,006. Decree signed by President Jair Bolsonaro – Photo: Reproduction / Official Journal & # 39; "/>
Decree signed by President Jair Bolsonaro – Photo: Reproduction / 'Official Journal'
What the government economic team, Michel Temer, said, c & # 39; is that inflation in 2018 (one of the factors determining the value) will be lower than previously expected – when a minimum wage of R $ 1,006 was proposed in 2019.
information provided by the Inter-Union Department of Statistics and Socioeconomic Studies (Dieese), the minimum wage serves as a reference for the income of about 48 million workers in Brazil.
Minimum wage formula
of the minimum wage is based on a formula that takes into account the result of gross domestic product (GDP) two years ago and the change in inflation, measured by the NCPI, of
Therefore, for the minimum wage 2019, the formula determines the sum of the GDP result for 2017 (up to 1%) and INPC for 2018. As it will be possible to know it only at the beginning of next year.
In addition to inflation and the result of GDP, the adjustment of the bottom of 2019 is embedded in a compensation of 1.81% of the readjustment allowed in 2018 which was lower than the inflation measured by the NCPI. This is the smallest increase in 24 years.
The year 2019 is the last date of validity of the current minimum correction formula, which began to be valid in 2012. The next President of the Republic, Jair Bolsonaro, did not further clarified its proposal regarding the minimum wage from 2020.
Impact on the Accounts
The adjustment of the minimum wage has an impact on state expenditures. In fact, benefits paid by the National Institute of Social Security (INSS) to pensioners can not be lower than a minimum wage.
The 1988 Constitution established the minimum wage as the baseline for social security benefits – which include social security,
The government anticipates that every $ 1 R increase in the minimum wage will increase 39, about 300 million R $ a year of state spending.
According to Dieese's calculations, however, the minimum wage "necessary" to cover the expenses of a family of four including food, housing, health, education, education and training. clothing, hygiene, transportation, recreation and social security would be R $ 3,959.98 per month in November this year [19659017]
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