What are the doubts for those who are going to apply for retirement at the INSS? Most people over 50 who are thinking about retirement always start the conversation with a few questions:
- What is the best retirement for me?
- How do I calculate how much time I have?
- How should I pay the INSS to be able to retire with a higher amount?
- Can I increase contributions to get a better benefit?
What are the doubts of those who will retire?
The answer is insecurity. It is a decision that will reflect for the rest of your life.
The worker must be aware that he may be entitled to more than one pension or be close to a larger pension, so it is good to have all the information to choose the most advantageous one.
Does the INSS inform which is the best retirement?
It is written in the law that the INSS should inform the insured person about this, but unfortunately there is a very large backlog of processes and the Social Security cannot even end the benefits that he needs to analyze.
And how will there be time left over to help and better inform the worker?
In the law it is written like this:
It will be up to the INSS to grant the most advantageous benefit to the applicant or different benefit to the defendant, provided that the elements contained in the administrative process ensure the recognition of this right.
But in practice, the theory is different.
How to receive all that is owed by Social Security?
The worker trusts Social Security, but does not know that it will not provide complete guidance on all possibilities for more advantageous retirement rules, so the insured ends up making a mistake, taking the retirement that he “thinks” is the best
As the Social Security does not provide this information, the challenge is to find out in advance which retirement is or will be the most advantageous, so there is time to decide soon “How” the contributions should be made, avoiding paying more than you will receive.
And, above all, receive everything you are owed.
Pension planning should show especially when the insured retires. In all possible possibilities. Now, a year from now, three years from now, in short, all the possibilities.
After knowing when he will retire, the insured person will have another challenge: simulating the calculation of each of these benefits.
If you have benefits that will happen on future dates, simulate at least three situations:
- Considering the value of the average salary that he already has in the remaining months to reach each of the retirements;
- Considering the value of the INSS ceiling in these months that remain to contribute;
- Considering in these same months the value of the minimum wage.
Then you will certainly be able to choose the best situation.
Retire now or wait a little longer?
This question will be inevitable when you realize that you will have a benefit with a greater value at a later date than you intend to retire.
The Insured must make the following account:
- What is the value of the closest (smallest) benefit
- What is the future value of the (higher value) benefit
- What is the difference between the value of the largest and the smallest
- How long will it take to recover the amount you will no longer receive.
With these numbers in hand, it will be possible to know which is more advantageous.
Example of most advantageous benefit.
Consider, for example, that the insured person would be immediately entitled to a benefit of BRL 2,000.00 and that ten months from now he would complete the requirements for another retirement rule that would guarantee him a benefit of BRL 3,000.00.
You can already see that the difference is R$ 1,000.00, and it is for the rest of your life and can even affect the benefits for dependents.
The insured person will no longer receive around R$ 21,666.67, but with the increase in the value of the benefit, in 22 months he will recover everything he stopped receiving and will have a much greater benefit forever.
In this case, it will be worth waiting for the most advantageous benefit, even failing to receive the benefit of lesser value in advance.
In some cases, the Insured may opt for a smaller benefit, even if the higher value is closer, when this choice brings some personal advantage. Source: Bocchi Advogados