Luiza Trajano asks for reduced rate of FAP

During the event, facing the 2016 Latam retail sector, and it takes place annually in São Paulo, Luiza Trajano, Chairman of the Board of Directors of Magazine Luiza, asked for a reduction in the rate of FAP (Pension Factor of prevention) on the 3% retail for 1%. According to the Manager, this is also a request from industry and that is already in negotiations with the Government.
The accident factor is a multiplier, which ranges from 0.5 to 2 points, to be applied at rates of 1%, 2% or 3% of the collective pricing by economic underclass, on the payroll of the companies to fund special retirement and benefits for accidents at work. The FAP varies annually. Is calculated over the last two years of the entire history of accidentally and acidentários Social Security records, by company.