PIS has another batch deposited: See if you are entitled
Every year, Caixa Econômica Federal publishes the PIS calendar for payments to Brazilian workers.
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The Official Integration Program aims to integrate the employee with the company's development, which is the sole responsibility of Caixa.
Furthermore, annual payment amounts will be made based on a proportion of months worked, and may reach up to 1 minimum wage in effect, paid to all who meet the necessary requirements.
However, what many people don't know is that PIS has another batch deposited, keep reading this article and see if you are eligible.
Who is entitled to the PIS salary bonus?
Firstly, to be entitled to the PIS salary bonus, paid by Caixa, you must meet the following requirements:
- Have at least 5 years of PIS registration;
- During the base year for calculating the salary bonus, have received an average monthly remuneration of up to 2 minimum wages;
- In the base year for PIS calculation, the worker must have carried out paid activity for a Legal Entity for 30 days, which may be consecutive or random. Anyone who worked for a period equal to or greater than 15 days will be considered as 30 days;
- The data provided by the Legal Entity, where the employee worked, must be correctly entered in the Annual Social Information Report.
Consequently, the calculation of the amount to be received for the annual PIS bonus will be proportional to the time the employee worked at the company during the base year.
Therefore, it will be calculated by the number of months worked multiplied by 1/12 of the minimum wage in effect on the payment date.
In conclusion, for workers who will receive PIS now in 2020, the minimum wage will be R$1,039.00.
How to withdraw the PIS salary bonus?
The payment of the PIS salary bonus will be made automatically to everyone who has a checking or savings account at Caixa Econômica Federal.
At ATMs and lottery outlets using your citizen's card, if you do not have a Caixa account and do not have a citizen's card, you can withdraw your PIS salary bonus at the nearest branch by taking your PIS number and an official photo ID.
PIS Payment Calendar 2020
Want to know if you're eligible for PIS in 2020? Check out the official PIS payment schedule for 2019/2020 here:
| Month of birth | You can make the withdrawal from | Money goes into your Caixa account from |
| July | 25/07/2019 | 23/07/2019 |
| August | 15/08/2019 | 13/08/2019 |
| September | 19/09/2019 | 17/09/2019 |
| October | 17/10/2019 | 15/10/2019 |
| November | 14/11/2019 | 12/11/2019 |
| December | 12/12/2019 | 10/12/2019 |
| January | 16/01/2020 | 14/01/2020 |
| February | 16/01/2020 | 14/01/2020 |
| March | 13/02/2020 | 11/02/2020 |
| April | 13/02/2020 | 11/02/2020 |
| May | 19/03/2020 | 17/03/2020 |
| June | 19/03/2020 | 17/03/2020 |
For those who are eligible and haven't made the withdrawal yet, it will be available until June 30th, so hurry up as there's still time to receive this extra money.
If you do not withdraw the PIS salary bonus money, the amount will be returned to the Workers' Support Fund (FAT), and there will be no possibility of appeal.
You can also check your balance on the Caixa website and through the mobile app.
In short, to check your PIS payment balance Click here, take advantage of this extra money and learn more about financial education clicking here.
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