Banking and Financial Services
12/11/2024
Payroll Loans: New Payroll Rules for Retirees and Pensioners and Challenges of Judicialization
As of January 02, 2025, the new rules for payroll loans for retirees and pensioners under the Social-Security Authority (INSS) will come into force, pursuant to PRES/INSS Normative Instruction No. 172, dated August 28, 2024.[1] Among the main changes is the flexibility of the exclusivity period for the offer of credit facilities, which previously set…