Understanding the new retirement rules is crucial to planning your future safely. Recently, there have been significant changes to INSS rules, directly impacting those who are about to retire. These changes include age criteria, contribution time and benefit calculation. It is essential to be up to date on these changes to ensure a peaceful retirement without surprises.
Furthermore, understanding the new rules helps to better plan contributions throughout the years of work, ensuring a more advantageous benefit. Changes in retirement rules reflect the need to adapt to new economic and demographic realities. They seek to balance the pension system, ensuring its long-term sustainability.
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Age and contribution time for retirement
Under the new rules, the minimum retirement age and contribution period are key points. For men, the minimum age is 65 years, while for women it is 62 years. In addition, the minimum contribution period varies: 15 years for women and 20 years for men. These requirements are essential to be eligible for the benefit. Therefore, it is important to check whether you meet these criteria before applying for retirement.
Benefit calculation
The calculation of the benefit has also undergone changes. It now considers the average of all contribution salaries since July 1994. This can affect the final benefit amount, especially for those who had variable salaries throughout their careers. Understanding how this calculation is done is essential to estimate the benefit amount. In addition, contributing a higher amount can increase the future benefit. Therefore, it is recommended to plan contributions considering the impact they will have on retirement.
