See the new table of discounts to the INSS on workers’ salaries

The wages of workers with a formal contract will have new discounts from February. This Thursday (20), the federal government published the new table of discounts for contributions to the INSS (National Social Security Institute), amended by the readjustment of the minimum wage and the benefit ceiling.

The rates range from 7.5% for those who receive the minimum wage – readjusted to R$ 1,212 since January 1st –, to 14% for higher salaries.

The interministerial decree signed by ministers Onyx Lorenzoni, of Labor and Social Security, and Paulo Guedes, of Economy, also made official the new INSS ceiling at R$ 7,087.22.

This is the limit value for social security benefits and contributions to the INSS. That is, even those who earn more will have discounts calculated on this limit. With the new table of payments, workers with a formal contract who contribute to the INSS ceiling will pay R$ 828.39 monthly, according to lawyer Wagner Souza, from Roberto de Carvalho Santos Advogados Associados.

After the pension reform, the contribution table became progressive. Thus, discounts are applied by salary range.

The ordinance also updated the social security contribution table for the beneficiaries of the own regime, which serves Union servants. These salaries are subject to higher rates and are not limited to the INSS ceiling.