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INSS: Delinquent Contributors Benefit from Social Security Fine Forgiveness

INSS: Delinquent Contributors Benefit from Social Security Fine Forgiveness

The government approved on Tuesday (1st) a new regime of fine forgiveness and reduction of late payment interest applicable to contributors and self-employed workers in default with the mandatory social security system.

The measure, approved by the Council of Ministers, aims to ease the pressure on entities that, for various reasons, failed to meet their contribution obligations, encouraging voluntary regularization and strengthening the contribution base.

According to an official statement, the decree covers all contributors and self-employed workers who have not made the payments required by social security, provided they have not defaulted on previous forgiveness agreements. This means that any beneficiary who adhered to similar previous decrees but did not comply with the commitments made is excluded. Although specific details—such as the reference period, exact conditions, and minimum amounts—have not yet been officially disclosed, the National Institute of Social Security (INSS) is expected to soon publish operational regulations clarifying the enrollment procedures. Up to the close of this edition, the Ministry of Labor had not detailed the criteria or implementation deadlines for the measure.

In the same session, the Executive approved the new regulation of the Asset Declaration System, an instrument aimed at operationalizing the Public Probity Law. The newly approved regulation repeals the previous decree and establishes the procedures to be followed by the Reception and Verification Commissions (CRV), as well as mechanisms for oversight and updating of the asset declaration model.

This system applies to all public servants in leadership, management positions, or exposed to a high risk of illicit practices such as corruption, illicit enrichment, or money laundering, and aims to strengthen transparency and accountability in the public sector.

Source: Lusa

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