The Vatican has just announced that a plenary indulgence will be applied to the year of Faith. A plenary indulgence is the remission of all temporal punishment and suffering due to sin.
What is an indulgence?
"An indulgence is a remission before God of the temporal punishment due to sins whose guilt has already been forgiven, which the faithful Christian who is duly disposed gains under certain prescribed conditions through the action of the Church which, as the minister of redemption, dispenses and applies with authority the treasury of the satisfactions of Christ and the saints."81
"An indulgence is partial or plenary according as it removes either part or all of the temporal punishment due to sin."82 The faithful can gain indulgences for themselves or apply them to the dead.83
- http://www.vatican.va/archive/ccc_css/archive/catechism/p2s2c2a4.htm
See here on the requirements to obtain a plenary indulgence: http://www.ewtn.com/expert/answers/indulgences_conditions.htm
Source:
http://www.ncregister.com/blog/edward-pentin/vatican-announces-plenary-indulgence-for-year-of-faith/?utm_source=dlvr.it&utm_medium=twitter
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