The amount is paid in two installments in the last months of the year; the advance payment of the annual bonus for INSS beneficiaries does not affect the 13th pay scale
The federal government announced this week that the annual bonus for Social Security recipients, known as the “INSS 13th,” it has been brought forward to 2024. This measure does not change the 13th Salary Payment Plan for workers with regular contracts, rural workers, temporary workers, domestic workers and public employees, normally paid in two installments in the last months of the year.
The first installment of the 13th of 2024 must be paid by November 30th, the second by December 20th of this year. The worker can also choose to advance the first holiday instalment.
What is the value of the 13th salary?
The basic formula for calculating the 13th tax is the worker’s gross salary divided by 12. This value is multiplied by the number of months worked in the year. For the month to be included in the calculation, the employee must have worked at least 15 days in the month, otherwise that month should not be considered in the calculation basis.
However, to know the net value of the 13th, i.e. how much will fall on the worker’s account, the calculation is a little more complex. This is because income tax (IR), social security and the dependent deduction (set at R$189.59 per dependent) are deducted. The average overtime received, commissions, bonuses and supplements must also be considered, with the exception of bonuses paid and profit sharing.
The two installments of the thirteenth have different values, as the first does not provide discounts, while the second, of lower value, receives all the discounts at once. Find out more about how to calculate in this report.
Annual INSS allowance
In a decree signed by President Luiz Inácio Lula da Silva, published on Wednesday the 13th, it was established that the payment of the annual allowance for INSS beneficiaries will take place in two installments, in April and May.
The first installment will correspond to 50% of the benefit amount due in the month of April and will be paid together with the month’s benefit. The second installment will correspond to the difference between the overall value of the annual bonus and the value of the advance instalment, and will also be paid at the same time as the services for the month of May.
The relief is aimed at people who, during the year 2024, received aid for temporary incapacity, aid for accidents, pensions, pensions in the event of death or aid for imprisonment.
Source: Terra
Rose James is a Gossipify movie and series reviewer known for her in-depth analysis and unique perspective on the latest releases. With a background in film studies, she provides engaging and informative reviews, and keeps readers up to date with industry trends and emerging talents.
