Resolution indicates INSS to set interest ceiling for payroll-deductible loan
The Official Gazette of the Union publishes, this Wednesday (8), Resolution No. 1345, of December 6, 2021 , of the Plenary of the National Council of Social Security, which recommends the National Social Security Institute (INSS) to set the ceiling of interest per month, for payroll-deductible loan operations for social security benefit, at 2.14%, and for operations carried out by credit card, at 3.06%.
The document also indicates to use as a reference, to readjust the ceiling of payroll loan operations for social security benefit, the real annualized interest in relation to the National Consumer Price Index (INPC), of 16.10%.
The resolution also institutes, within the scope of the National Social Security Council, a Working Group for the creation of a Permanent Financial and Social Security Citizenship Program, to be financed with resources from financial institutions that operate with payroll-deductible loans, as well as to discuss initiatives aimed at expanding transparency, competition and cost reduction of payroll-deductible loans.
Text translated using artificial intelligence.
