Brazil’s lower house finished the discussion phase of the reform in the country’s pension system—the constitutional amendment bill known as PEC 6/19. A requirement to do that was voted 358–118 during a floor session, so the first round of vote on the matter starts today.
As the date approaches for the presentation of a report on the reform of Brazil’s pension system—this week at a special lower house commission deliberating on the bill—the pressure continues on state and municipal leaders to remain in the document, as originally proposed by th
Brazilian state pension system for private-sector workers ended 2017 with a $ 57.133 billion deficit. It amounts to 2.8% of the Gross Domestic Product (GDP) projected for this year. The figures were released this Monday (Jan. 22) by Brazilian Ministry of Finance.