Beneficiaries of social support attributed to people with low income in the reform will be able to receive the benefit by bank transfer.
This is a recent change that can simplify the payment process and make life easier for thousands of elderly people in Portugal.
According to the Social Security Institute, the change extends a possibility that was once limited to a specific group of pensioners, now allowing all beneficiaries to opt for this more direct and comfortable method.
Bank transfer now available to all
According to the same source, so far only the elderly who accumulated the support with the old age pension could receive the amount by bank transfer.
With the new measure, all beneficiaries are covered, regardless of receiving other pensions.
Social Security points out that this change aims to ensure greater convenience, safety and speed in access to benefit.
Adherence to the new method is optional, but can be done easily through the usual channels.
Number of growth beneficiaries
According to data released by the Institute, in April there was an increase of 5,326 beneficiaries compared to the previous month, raising the total of people covered to 221,328.
Of these, about two thirds are women, in a universe that reflects the socioeconomic profile of the most vulnerable elderly population.
To whom this support is intended
The support in question is intended for people of renovation age who have a monthly income lower than the threshold defined by law.
Currently, this reference value is located at 630.67 euros.
With the successive increases of this value, there has been a widening in the number of beneficiaries.
This support can reach 201 euros per month, acting as a complement to the elderly yields with less resources to ensure better living conditions.
How to proceed to receive by transfer
For beneficiaries interested in adhering to bank transfer, simply access to direct social security or addressing a social security delegation.
The process is free and does not imply any cut or delay in receiving support.
Social Security also underlines that this change enters into force immediately and that payments processed through bank account will obey the usual calendar.
Change does not imply loss of rights
The introduction of this option does not change the eligibility criteria or the value of the installment.
Beneficiaries continue to receive the same amount, with the difference that they can now choose the most convenient payment mode.
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