How to exchange BPC for retirement? Check out:

The Continuous Provision Benefit (BPC), also known as LOAS, which is paid by the National Social Security Institute (INSS) it is not a retirement as part of society thinks, as explained by lawyer Hilário Bocchi Neto, from Bocchi Advogados Associates.

In fact, it is an assistance benefit independent of the citizen's contribution to the INSS. However, a very large part of the population that is benefited by the BPC may have the right to retirement, which is much better. If this is your case, know that you can request the exchange of BPC for retirement.

Read too: Is it possible to accumulate two pensions at the INSS?

Who is entitled to BPC/LOAS?

This benefit is a guarantee provided for in the Organic Law of Social Assistance (LOAS). With it, the Federal Government helps people with disabilities or elderly people aged 65 or over who are in a situation of economic vulnerability, to survive on a minimum wage per month.

The requirements to receive the BPC are:

• being elderly or disabled;
• family income of up to ¼ of the minimum wage (R$ 303.00 in 2022) per person living with the applicant;
• favorable opinion of a social worker from the Social Assistance Reference Center (CRAS) in the region regarding the need for the benefit;
• be duly registered in the Single Registry of Social Programs of the Federal Government (CadÚnico).

Advantages of Retirement

Retirement is more advantageous than the BPC because:

• It can be accumulated with a death pension due to the death of a family member;
• Normally, the beneficiary does not need to undergo a reassessment and/or undergo new inspections;
• You can work and continue to receive;
• You are entitled to the 13th salary;
• Ease of obtaining a payroll loan;
• The value can be greater than a minimum wage.

How to exchange BPC for retirement?

It is necessary to make explicit a very important point: it is necessary to contribute to Social Security to obtain the right to retirement. You also need to meet some requirements to obtain this right, which may be minimum contribution time, minimum age and / or disability.

A large number of people made contributions to the INSS for a period, but later requested and are now receiving the BPC. If you are in this situation, it may be that you already have the right to retirement or it is not long before you earn that right, even if you are not contributing today. In this case, it is important to ask a professional you trust to verify your Social Security situation.

For those already entitled to retirement

It is usual that the INSS does not check whether the citizen already has the right to retirement when he receives the request from the BPC, although it is a legal obligation to verify this impasse. If you already have the right to retirement, you can immediately request the replacement of the BPC by the retirement and, sometimes, it is even possible to receive retroactive amounts.

For those who lack the right to retire

This situation is related to those workers who receive the BPC and there is little contribution time or age for them to have the right to retire. If the worker already has the minimum contribution time required to retire and only lacks the complement of age, it is possible to request the exchange of BPC for retirement as soon as the worker makes birthday.

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