Nearly nine months after being brought forward by the government, members of both congressional houses of Brazil decided to enact the constitutional amendment bill on the rules for retirement and pensions, affecting over 72 million people—among whom federal civil servants and
President Jair Bolsonaro said today (Oct 2) that the approval of the constitutional amendment bill on the reform in the country’s pension system is a sign that “we’re doing our homework” in the efforts to restore investment and balance in Brazil’s public accounts.
With a score of 370 to 123 and one abstention, Brazil’s full lower house approved the base text of the constitutional amendment bill on the reform in the country’s pension system.
The Brazilian lower house is starting the plenary session with the second round of vote on the pension reform today (Aug 6). As was the case with the first round, 308 votes are necessary for the matter to advance to the Senate, where two other votes will be held.