Brazil Daily

Military privileges jeopardize Brazil’s pension reform

In today’s issue: Military privileges jeopardize Brazil’s pension reform. Jair Bolsonaro’s fall from grace among middle-class voters. House approves full foreign ownership of airlines.


Military privileges jeopardize Brazil’s pension reform

When President Jair Bolsonaro presented his pension reform bill—the harshest and most ambitious in recent memory—he said everyone would have to make sacrifices. But yesterday, when he presented the plan to overhaul military pensions, it was clear that the burden won’t be shared equally. Mr. Bolsonaro’s proposal creates savings of BRL 97bn in 10 years—but was accompanied by a bill creating a system of training bonuses...

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