The Government proposes this Thursday to the social agents an increase in the value of overtime hours of 100 hours a year, compared to the previous 120 hours, and a reduction of retention by half in these overtime hours.
The measure is part of the new version of the Government’s proposal for a medium-term agreement to improve income, wages and competitiveness, to which Lusa had access, and which is being discussed this Thursday at the Social Dialogue, and some These measures may be part of the General State Budget proposal for 2023 (OE2023) that will be delivered on Monday.
In the document delivered to the social partners on September 28, the Government had proposed to increase the value of overtime from 120 hours onwards, having now reduced it, in the new version, to 100 overtime hours.
The value increases from 25% to 50% in the first hour or fraction, from 37.5% to 75% per hour or subsequent fraction, on business days, and from 50% to 100% for each hour or fraction , on business days. weekly, compulsory or complementary rest, or on vacation.
“In addition, the IRS withholding rate is reduced by half, in these overtime hours”, can also be read in the proposal according to the social agents.
“The Collective Bargaining Regulation Instruments that contain provisions contrary to the legal framework established in this agreement have a transitory period, until January 1, 2024, for the purposes of negotiating and modifying these provisions,” advances the executive.
In the proposal, the Government also provides for an update of the value of the food subsidy exemption to 5.20 euros, committing to “evaluate the model that establishes the exemption and the value during the term of the agreement”, that is, , until 2026.
Source: Observadora
