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5.4
Brazil economic team considers decoupling pension adjustments from minimum wage growth
Poder360·BR·about 10 hours ago
The Brazilian National Social Security Institute (INSS) has eliminated the mandatory facial biometric verification for retirees and pensioners seeking payroll-deducted loans. The new regulation mandates that financial institutions submit formal credit contracts to validate benefit deductions, shifting the security burden from biometric authentication to contractual documentation.