Lula Signs Law Creating 'PIX Pension' with Automatic Transfers
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Insights by Echo AI
President Luiz Inácio Lula da Silva has signed a law creating the 'PIX Pension', which will use the instant payment system PIX for automatic money transfers. This includes 'PIX Alimentary Pension' for child support payments. If the debtor's account lacks sufficient balance, other financial assets may be made unavailable until the debt is paid.
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