Retirement allowance: know what it is and who is entitled to receive it

This financial incentive from the Special Social Security System (SPPS) is a guaranteed right for those employees who, even after acquiring authorization for retirement, wish to continue in active. Because of this, federal, state or municipal governments make use of this so that they do not lose an employee. For this, a monthly allowance is paid to your salary.

To find out more about what the retirement allowance, understand.

Read more: INSS: 4 information needed before applying for retirement.

Who is entitled to the benefit?

Not everyone can receive the benefit, so there are some necessary requirements. Therefore, it is necessary that the worker chooses to remain in activity, in addition, it is essential to have at least 25 years of contribution (in the case of women), and 30 years (in the case of men).

In addition to these factors, you also need to complete the requirements for voluntary retirement. In this, your retirement can be granted for contribution time, that is, it is necessary to have joined the public service by 12/16/1998: women must have 30 years of contribution, and men, 35.

In these calculations, it is necessary to have 25 years of effective exercise in the public service, 15 years in the same career and 5 years in the position in which you fail to retire. Or, having joined the public service by 12/31/2003, and retired due to age.

In these cases, the retiree must be at least 60 years old, with 30 years of contribution – in the case of men; women, on the other hand, need to be at least 55 years old, having contributed for 25 years. Within these numbers, 20 years of effective exercise in the public service, 10 years of career and 5 years of effective service in the position in which you retire.

And for the respective cases:

If you joined the public service after 12/31/2003:

• Male: 60 years old; 35 contribution.
• Female: 55 years old; 30 contribution.

If you joined after 11/13/2019, after the Pension Reform:

• Male: 65 years old: 25 years of contribution.
• Woman: 62 years old: 25 years of contribution.

What is the value of the incentive?

The monthly amount of this payment depends on your contribution to social security. However, each state and municipality is granted autonomy to create its own payment rules.