Retirement rules will change in 2024: Check it out!

In 2024, a new chapter in the history of retirement rules will unfold in Brazil. 

With the changes proposed by the 2019 Social Security Reform, those with an eye on the future need to be aware of the upcoming changes. 

Let's understand what's changing and how it could affect your path to your longed-for retirement.

Pension reform

The WelfareThe new law, sanctioned by the Federal Government in 2019, brought a series of changes to the conditions for retirement. 

These changes affect both those who started working before and after the reform was approved.

 In 2024, we will see the updating of the rules for both retirement by age and contribution time.

Differences for those already contributing

The transitional rules apply to those who were already in the labor market before the reform.

These rules establish different conditions for men and women, with specific ages and contribution times.

1. Points system

In the points system, to be used in 2024, the sum of age and contribution time determines eligibility for retirement.

For women, the sum required will be 91 points, while men will need 101 points.

2. Progressive Minimum Age

In the progressive minimum age rule, the required age increases gradually. 

In 2024, men will have to be at least 63 years and six months old, while women will have to be at least 58 years and six months old to retire.

3. Other transition rules

In addition, there is the toll rule, aimed at those who were close to retirement at the time of the reform. 

This rule requires an increase in contribution time, which varies according to each worker's situation.

How to calculate the new pension rules

The changes also affect the death pension. 

Now, the calculation takes into account the number of dependents, with the pensioner receiving 50% of the value of the deceased's pension, plus 10% per dependent, up to a limit of 100%.

Step by step to simulate your retirement

1. Primeiramente, acesse a calculadora de aposentadoria disponível no site do jornal O Globo. 
2. As soon as you open the page, you will need to state whether your work was in the public or private sector;
3. Now you have to fill in some personal information. These are: your gender, current age, the year you started contributing to the INSS and what your profession is.
4. After filling in this information, click on the "Calculate" button to continue;
5. Next, the calculator will present different retirement scenarios based on the information you have provided;
6. Once you have chosen the retirement option you wish to view, the calculator will show you how long you have left to retire. It will also tell you the estimated year of your retirement and the probable value of the benefit;
7. If you want to understand how the calculation was made, click on the "Understand your calculation" button;
8. Finally, the calculator will display details of the calculation made. This includes how your age, contribution time and other variables were taken into account to arrive at the final result.

Conclusion

With these changes knocking on the door, it's essential to get informed and prepared. Retirement rules are constantly evolving, and keeping up to date is the best way to guarantee a peaceful and secure future.

In short, the changes to retirement rules in 2024 bring new challenges and require planning. 

Understanding these changes and using the tools available to calculate the time and value of retirement is crucial for those seeking security and peace of mind in old age. 

Remember: being well-informed is the first step towards a safer future!

See also the value of the minimum wage 2024: here! Questions about the retirement rule? Leave them in the comments below!