Application of monetary correction - Labor Justice
Relevant and controversial aspects of the application of monetary correction of credit arising from labour justice
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Monetary adjustment is the means by which one seeks to recover the purchasing power of a certain amount in national currency, caused by inflation, through a type of index that expresses the price variation of a certain time and place. The credits resulting from lawsuits of any nature, at the end of the same, must be updated according to the monetary correction criteria established by each type of Justice. Currently, there is a discussion on the replacement of the index established for adjustment of credits arising from Labor Courts in view of the declaration of unconstitutionality rendered in ...
Monetary adjustment is the means by which one seeks to recover the purchasing power of a certain amount in national currency, caused by inflation, through a type of index that expresses the price variation of a certain time and place. The credits resulting from lawsuits of any nature, at the end of the same, must be updated according to the monetary correction criteria established by each type of Justice. Currently, there is a discussion on the replacement of the index established for adjustment of credits arising from Labor Courts in view of the declaration of unconstitutionality rendered in Action for Declaration of Unconstitutionality no. 4. 357, which declared unconstitutional the expression "basic remuneration index of the savings account" for correction of credits of precatórios, being that the index used for monetary correction in the Labor Justice, the Referential Rate, uses exactly the basic remuneration index of the savings account to be created, besides the bills of Laws 5.044 of 2013 and 6.171 of 2013 that also deal with the monetary correction of the judicial credits.
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