Government forgives INSS fines and reduces interest charges

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Government forgives INSS fines and reduces interest charges

2:09 CAT | 25 Mar 2020

Photo: O País

The government yesterday approved a decree forgiving employers fines resulting from overdue National Institute of Social Security (INSS) contributions, and reducing interest on arrears.

“As these are many employers who do not fulfil their obligations to pay contributions to the INSS, which deprives their workers and their families of access to social security benefits, the Council of Ministers, based on the legislation in force, grants total forgiveness of fines and reduction of late payment interest in the case of full payment of the debt or payment by instalment,” Council of Ministers spokesman Filmão Suaze said.

Also in yesterday’s session, the Council of Ministers approved the decree revising article 16 of decree number 5/2020, of 10 February, which approves the Regulation on the Organisation and Functioning of the State Representative Bodies in the Province, among other instruments.

By Emildo Sambo

Source: O País