Thursday, February 9, 2023

How to fill the gap in the period without contributions so as not to lose money in the retirement pension

This year 2023 comes with new pensions, both contributory and non-contributory and including superannuation.

The 8.5% increase in the amount pensioners get each month is probably the most important, but there are others related to the new retirement age and contributions.

A progressive delay in the minimum retirement age until 2027 means that in 2023 a person can only retire at age 65 if they have contributed for at least 37 years and 9 months. Conversely, if the contribution count falls below this amount, you will have to wait until you are 66 years and 4 months old to be able to retire with 100% in line with you (2 months later than 2022) .

Pension will be like this for 2023: You will charge this much

Correspondingly, the contribution to collect 100% of the pension also increases: This year Must have contributed minimum 36 years and 6 months —half a year longer than in 2022—even though he waited 66 years and 4 months to retire.

The amount of each pension is calculated by applying a normal percentage on a regulatory basis that is matched based on years of contribution and, where appropriate, an additional percentage for those retiring later than normal and the associated reduction factor.

This regulatory base is arrived at by taking into account the last 25 years before retirement: from 2022, it is found by dividing those 300 immediately preceding months by 350.

This way, Periods during which you have not contributed can affect the amount of pensionWith the same loss of money.

What if you stop quoting in a year?

However, the pension system includes a mechanism of sorts that allows you to mitigate the impact of those periods without the contributions you’ll receive in your pension.

it is about differential integrationCollect: A way to fill in the gaps or gaps that don’t contribute and that may have existed in your last 25 years economist,

This integration of intervals is applied, as reported by Social Security on its website, “If in the period taken to calculate BR [base reguladora] There were months during which there was no obligation to contribute”,

In this case, the process will be as follows: the first 48 monthly payments will be integrated with the minimum base of all existing at any time, while the remainder are ‘filled’ with 50% of that minimum base.

The application will be different for those governed by legislation prior to 2013: in this case, the contribution interval will be integrated with the minimum contribution base, which is applicable at any time in the normal regime for workers over the age of 18. Will happen. , , sets the service.

People who can’t benefit from gap integration without contribution

Not all employees have been able to benefit from this mechanism to fill in the gaps in periods where contributions have not been made.

Thus, there was no integration of intervals for computing the normative base of retirement pension for workers included in the special system. domestic workerFrom the year 2012 to the year 2022, as it appears in Social Security’s electronic headquarters.

Similarly, till 2012 agricultural labor “Only the periods actually quoted will be taken into account”, so this benefit does not apply, he clarifies.

individual cases: part-time and continuous permanent

Finally, the Social Security portal covers the special cases of people with part-time, respite or permanent permanent contracts.

For them, it should be taken into account that the integration of periods in which there has been no obligation to contribute Minimum contribution is made with Aadhaar whichever is in force at any time, according to the number of contracted hours When that obligation to contribute was interrupted or terminated.

How to Know How Much You Contribute to Social Security Based on the Salary You Earn

If this happens during only part of the month, the integration will go so far Part “Where there is no obligation to contributeProvided that the corresponding contribution base does not reach the amount of the minimum base mentioned.”.

However, “hours or days you do not work due to an interruption in the provision of services obtained from a part-time contract” are not considered gaps in contributions, which qualify.

The exception to this point is found in The period between seasons or campaigns of workers with a fixed-term employment contractlife ends.

Nation World News Desk
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