According to a forecast by the National Consumer Price Index (INPC), the retirement amount in 2023 may have readjustment of 7.41%. On July 12, the National Congress approved the Budgetary Guidelines Law (LDO), which contains the new value of the wage Minimum; however, in view of the rise in inflation, the values may remain outdated.
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Retirement value in 2023
Initially, it is important to emphasize that inflation is used to correct the value of the minimum wage, as well as all Social Security benefits, such as retirement. In addition, it is used to calculate the expenditures of the executive branch in the following year.
According to the 2023 budget that was approved by Congress, the minimum wage in 2023 would be 1,294. However, considering that inflation continues to increase, this proposed amount remains outdated and, therefore, it is possible that it will reach R$ 1,310.
In more detail, the current minimum wage projections for next year are as follows:
Forecast of the Budgetary Guidelines Project (PLDO): according to the text of the PLDO, an increase in the amount of BRL 82 is foreseen for 2023, taking into account a variation of 6.7% in inflation. Consequently, the projection points to a national floor of R$ 1,294 in 2023;
New increase: a new variation was measured by the INPC, which resulted in a percentage of 8.89%. With this new advance, there is a possibility that the minimum wage in 2023 will jump from the current R$ 1,212 to R$ 1,310.17.
New retirement amount will only be known officially in 2023
Despite the estimates, the value of the minimum wage for the year 2023 will only be officially released at the beginning of January 2023, as it will be during this period that the IBGE should make public the result of accumulated inflation for the year 2022.
Will there be real gain with the new retirement amount?
The increase in the amount of the pension planned so far will not provide a real increase for beneficiaries, since the increase in the amount will only be a correction for inflation. In this way, retirees will only maintain their purchasing power, which is no longer very high, instead of having real gains.