Power

The latest version of Brazil’s pension reform

The latest version of Brazil's pension reform

After weeks of anticipation, member of Congress Samuel Moreira finally presented his report on the pension reform yesterday, dissipating some of the doubts surrounding the most important bill proposed in Brazil this decade. His version of the reform plan is set to save BRL 913.4 billion in ten years, enough to help give some balance to Brazil’s public finances, but still below the BRL 1.2 trillion originally intended by Economy Minister Paulo Guedes wanted—a requirement, in his words, to stimulate investments and eventually foster job creation.

In his report, Mr. Moreira...

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