INSS Allows Payroll Loans Without Facial Biometrics for Retirees
Listen to the story
INSS is the Brazilian government office for pensions.
INSS gives money every month to retired people and pensioners.
Now, INSS lets retirees get a special loan.
This loan is called consignado. It is a payroll loan.
People pay back the loan from their monthly pension money.
Before, people needed facial biometrics to get this loan.
Facial biometrics checks your face with a photo or camera.
Now, retirees do not need facial biometrics for this loan.
This can make the loan easier and faster to get.
There is also a new plan called Desenrola.
Desenrola looks at the consignable margin of retirees.
The consignable margin is the part of pension money for loans.
A new law may change this margin.
The law may block use of 10% of the monthly pension.
This 10% is often used for payroll loans.
Many retirees and pensioners will watch this new law closely.
Vocabulary7 words
- INSS
- the Brazilian government office that pays pensions
- loan
- money you borrow and pay back later
- consignado
- a loan paid back from your monthly pension
- payroll loan
- a loan taken from your salary or pension
- facial biometrics
- checking your face to prove who you are
- Desenrola
- a government plan to help with loans
- consignable margin
- the part of pension money you can use for loans
Quiz
Answer key
1. The Brazilian pension office 2. The need for facial biometrics 3. True
Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
INSS is the Brazilian government office for _____.
INSS gives money every month to _____ people and pensioners.
Now, INSS lets retirees get a special _____.
This loan is called consignado. It is a _____ loan.
Before, people needed facial _____ to get this loan.
Now, retirees do not need facial biometrics for this _____.
There is also a new plan called _____.
Desenrola looks at the consignable _____ of retirees.
A new _____ may change this margin.
The law may block use of _____% of the monthly pension.