INSS: New minimum retirement age comes into force in 2022

The pension reform, enacted in November 2019, brought significant changes to the rules for retirement. Among them, the minimum age to retire at the INSS.

Therefore, the most talked about of them was, without a doubt, the change in the question of the minimum age and also the time of contribution of the worker.

First, with the establishment of the minimum age, no matter how long you have contributed, you will need to reach the age set by the government to receive the benefit.

Therefore, this does not mean that the years of contribution are no longer worth it. It means that to retire there must be a combo between contribution and minimum age.

new minimum age

At first, it was established by the pension reform that a minimum of 15 years of contribution is required, both for men and for women, to retire.

With regard to the minimum age, women should be aware, as from the next few years, six months per year will be added until 2023.

Thus, in 2023, the age of 62 will be reached, the minimum age for female workers. In 2021 the minimum age was 61 and in 2022, 61 and a half.

For men, little has changed. It is a minimum age of 65 years and a contribution of 15 years to retire.

Transition Rules

In summary, as already mentioned, with the Social Security Reform, retirement based on contribution time no longer exists.

However, for workers who contributed what was required by the old legislation, it is worth paying attention to the transition rules:

• Points Retirement: Requires a minimum score that is the sum of contribution time and age. For each year of contribution, one point is added. For each year of contribution, one more point;
• Score for 2022: In 2022 women will need a score of 89 points and men 99;
• Prerequisites for transition rules: For women, it will be necessary to have at least 30 years of contribution and 57 and a half years. For men, 35 years of contribution, plus 62 and a half years;
• For Women the toll 50%: For those who were less than two years away from retirement until November 2019, 28 years of contribution will be required plus 50% of the time remaining to reach 30 years of contribution;
• Men at the 50% toll: Minimum age of 33 by November 2019, plus 50% of the time remaining to reach 35 years of contribution;
• 100% toll: For men aged 60 years and six months and women aged 57 (as of November 2019), it will require 100% of the missing contribution time;

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