Find out more about PIS/Pasep 2022

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What is PIS/Pasep?

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The PIS/Pasep Fund aims to raise resources, thus contributing to the well-being of salaried workers in the public or private sector.

PIS/Pasep were previously two separate funds that were unified in 1975 by decree of law, which came into force in 1976.

Although the PIS/Pasep name remained the same, the amount collected is now stored in the FAT (Worker Support Fund), the body responsible for managing social benefits relating to Unemployment Insurance and Salary Allowance.

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Summary:

PIS

By Complementary Law No. 7/1970, the PIS (Social Integration Program) was created. The program, at the time of its creation, integrated private sector employees with company development. Payment of PIS is still the responsibility of the Caixa Econômica Federal.

Through the PIS benefit, employees of private sector companies have access to certain benefits and contribute to the development of these companies.

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PASEP

Along with the creation of PIS, Complementary Law No. 8/1970 was instituted for the creation of Pasep (Public Servant Assets Formation Program).

The Union, States, Municipalities, Federal District and territories, when it was created, contributed to the fund destined for public sector employees (public servants). PASEP payment is made by the Bank of Brazil?

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Who is entitled to receive PIS/Pasep 2022?

Brazilian citizens who are salaried, being part of the public or private sector, are entitled to receive the PIS/Pasep benefit in 2022.

The requirements are:

  • Be registered for at least 5 years;
  • Have a work contract for at least 30 days in the base year (for 2022 the base year is 2020);
  • Have received an average of up to 2 minimum wages during this period.

What are the documents to withdraw PIS/Pasep in 2022?

• ID card;
• Driving License (new model);
• Functional Card recognized by Decree;
• Military Identity (for men);
• Foreigners’ Identity Card;
• Passport issued in Brazil or abroad.

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Reasons for receiving PIS/Pasep:

  • All beneficiaries, in accordance with Law 13,932/2019;
  • Retirement;
  • Age equal to or over 60 years old;
  • Disability (of the participant or dependent);
  • Transfer to paid reserve or retirement (in the case of military personnel);
  • Elderly and/or disabled people covered by the Continuous Payment Benefit;
  • Malignant Neoplasm – Cancer – (participant or dependent);
  • AIDS/AIDS (of the participant or dependent);
  • Diseases listed in Interministerial Ordinance MPAS/MS 2,998/2001 (participant or dependent);
  • Death of the participant (situation in which the account balance will be paid to the holder's dependents or successors).
  • Events 27 – Housing Construction/Renovation and 43 – Marriage, which also allowed withdrawal of Quotas, were extinguished as of Complementary Law No. 26/1975 and the 1988 Constitution, respectively.

If one of the items above is proven, the citizen has the right to receive PIS/Pasep, except for age reasons, which have the exact dates for receipt.


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