INSS Updates Rules for Payroll Loans for Retirees
INSS is a government office in Brazil.
It helps people who get a pension. This includes old people and other pensioners.
INSS makes rules about payroll loans. This is money that banks lend to people.
The bank takes money back from the person's pension every month.
Now, some retired people do not need facial biometrics to get this loan.
Facial biometrics is a check with a photo of your face.
The new rule helps retirees get loans in an easier way.
INSS also made a new rule about time.
People cannot get a payroll loan for 90 days after they start getting their pension.
This rule is for everyone. It is also for the bank that pays the pension.
The goal is to protect new pensioners from fast loan offers.
Vocabulary6 words
- payroll loan
- money a bank lends; the bank takes payments from your pension or salary
- facial biometrics
- a check that uses a photo of your face to prove who you are
- retiree
- a person who has stopped working because they are old
- pensioner
- a person who gets money every month from the government after work
- benefit
- money the government gives to a person, like a pension
- block
- to stop something from happening
Quiz
Answer key
1. A government social security office 2. Facial biometrics 3. 90 days
Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
INSS is a _____ office in Brazil.
It helps people who get a _____.
INSS makes rules about _____ loans.
The bank takes money back from the person's _____ every month.
Now, some retired people do not need _____ to get this loan.
The new rule helps retirees get loans in an easier _____.
People cannot get a payroll loan for _____ days after they start getting their pension.
This rule is for everyone. It is also for the _____ that pays the pension.
The goal is to protect new pensioners from fast loan _____.