Brazil Daily

Brazil’s pension reform moves forward

Save the date: Brazil’s pension reform

The pension reform’s rapporteur in the House, Congressman Samuel Moreira, will present his report today before a special committee analyzing the reform. The document is the result of political negotiations, and is more palatable to party leaders than the original bill. However, it shouldn’t provide the same amount in savings for the next decade.

On one hand, Mr. Moreira has kept the minimum retirement age at 65 for men and 62 for women. Three important points were left out:

  • No changes to pensions of rural workers, nor cuts to...

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