STF authorizes extension in the term of accession to the agreement of economic plans

With the amendment, the court extended for a period of 30 months the adherence to the agreement.

The Federal Supreme Court (STF) approved the term additive to the collective agreement of economic plans (payment of differences of inflationary purges related to the Bresser, Verão and Collor II economic plans) for a period of 30 months, at the end of which the parties must account for the number of adherents and amounts received and receivable, for possible extension for another 30 months.

The additive was agreed between AGU and representatives of civil consumer protection entities, savers and financial institutions. The STF plenary approved, in 2018, the initial agreement.

In the addendum, the parties informed the rapporteur that the number of accessions to the agreement was lower than initially expected, which justifies the improvement of the terms for the inclusion of the Collor I plan and for the increase in Accessions.

For this purpose, the addendum included savers with accounts in financial institutions covered by PROER; extended the cut-off date established for the eligibility of savers executing collective judgments not yet carried out in court; and provided for financial incentives, such as payments in a single installment and raising the honorary amount to 15% of the settlement amount.

Upon receiving the additive, Lewandowski determined the publication in the DOU and took it to the plenary for homologation in order to give as much publicity as possible to the clauses and conditions of the contract. According to the minister, only in this way will the interested parties be able to freely make their choice to join or reject the agreement, “in the most conscious way possible“.

The minister assessed it as”the largest case of repetitive litigation that has been reported in the history of the National Judiciary”.

The agreement was due to run until March this year. With the amendment, the court extended for a period of 30 months the accession to the agreement, at the end of which the parties must account for the number of adherents and amounts received and receivable, for possible extension for another 30 months.

See the judgment by downloading below:

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