Brazil Daily

The key points of Brazil’s pension reform bill

Good morning! The pension reform has finally been approved by a Special House Committee. Former Rio governor confirms bribes to host the 2016 Olympics. A new bank to open in Brazil. More leaks undermine Justice Minister Sergio Moro’s endurance. And more.

Pension reform moves forward: key points

After 16 hours, the House’s Special Committee on the pension reform approved the bill by a wide 36-13 margin—showing the effectiveness of Speaker Rodrigo Maia’s vote-whipping strategy. Despite heavy lobbying from organized groups—and even the president—to water down the reform, its core was preserved, even if some changes catering to rural producers reduced...

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