Government should propose a reduction in the INSS payroll interest ceiling
The government must submit a proposal to the CNPS (National Social Security Council) to reduce the interest ceiling on loans granted to INSS (National Social Security Institute) retirees and pensioners.
The information was given by the Minister of Social Security, Wolney Queiroz, in an interview with a press vehicle and confirmed to CNN Money by the MPS (Ministry of Social Security).
According to the Ministry, there is still no defined amount of interest for this proposal that will be presented. The suggestion comes after a cycle of Selic cuts by the BC (Central Bank).
Currently, the interest ceiling for payroll loans is 1.85% per month, a value that was defined by the CNPS in March 2025, and has remained unchanged since then.
The next ordinary meeting of the CNPS is scheduled to take place on July 28th, and the proposal can be taken to this month's meeting.
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Source: CNN