Final withdrawal of Pis-Pasep allowance is anticipated 03-04-2020

Withdrawal of the PIS-Pasep allowance was for June 30th and has now moved to May 29th. Payment is made by the Federal Savings Bank.

The government's decision to bring forward the deadline for drawing up the 2019/2020 salary bonus by one month was published in the Official Gazette today (3). The definition was also about the 2020/2021 calendar.

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The 2020/2021 payment schedule starts on June 30, 2020 and will end on June 30, 2021. Regarding the salary bonus of the Social Integration Program (PIS), payment is made by Caixa Econômica Federal to workers private initiative, taking into account the month of birth of the worker.Saque final de abono do Pis-Pasep é antecipado 03-04-2020

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The payment of the salary bonus of the Public Servant Asset Formation Program (Pasep) is carried out by Banco do Brasil. According to the final digit of the civil servant's registration number.

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Workers with an account at Caixa, in the case of PIS, or an account at Banco do Brasil, for Pasep, will receive the credit automatically.

Who is entitled to payment

Workers registered with PIS/Pasep for at least five years will be entitled to receive the payment. And who has been in formal work for at least 30 days throughout 2019, with an average monthly salary of up to two minimum wages. To be entitled to the allowance, the employer must also have informed the employee's data in the Annual Report of Social Information (Rais) 2019.

For workers identified with RAIS after the deadline, delivered by September 30, 2020, the allowance payment will be made available from November 4 of that year.

The payment ceiling is up to one minimum wage (R$ 1,045), with the amount calculated in the proportion of one twelfth of the salary. The amount each worker will receive will be in proportion to the number of months worked formally in 2019.

People who are heirs will also be entitled to payment. In the event of the death of the participating person, the heirs must present proof of documents of both death and beneficiary status.

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