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Brazil Plans to Advance INSS 13th-Salary Payments to April and May

Final approval hinges on a presidential decree following review by the Finance Ministry.

Overview

  • The PrevidĂȘncia ministry is preparing a technical note to move the annual bonus into two 50% installments tied to the April and May payrolls.
  • Draft calendars point to first deposits starting the week of April 24, following the usual INSS schedule by benefit final number.
  • About 35 million beneficiaries would be covered, with roughly R$78 billion expected to flow into the economy.
  • Officials frame the change as a shift in cash-flow timing within the year rather than an increase in fiscal cost.
  • The bonus applies to previdenciary benefits such as retirements, pensions and certain aids, while BPC recipients are not eligible; the first installment typically has no immediate income tax withholding and the second may be taxed.