Lula said it is possible to make the economy grow again with a lot of responsibility, distribution of wealth and income, and generate employment that ensures a little social security.
Brazil’s President Jair Bolsonaro and his economic staff decided to set the minimum age for retirement at 65 for men and 62 for women and introduce a 12-year transition period under the bill on the country’s pension reform.
The text outlining the reform in Brazil’s pension system has been concluded by the government team and is pending consideration by President Jair Bolsonaro, who is still in São Paulo’s Albert Einstein Hospital.
The social security deficit reached its worst level since 1995, when the historical series began, and stood at $47.2 billion in 2016. There was an increase of 74.5%, compared with the value recorded in the previous year, which was $27 billion.
Português 
Español 
