The objectives of this paper are i) to assess the recent changes in the "actuarial factor" and their distributive and financial impacts in the short and long term. The actuarial factor was created in 1999 to adjust the individual benefit level according to age, time of contribution and life...

The objectives of this paper are i) to assess the recent changes in the "actuarial factor" and their distributive and financial impacts in the short and long term. The actuarial factor was created in 1999 to adjust the individual benefit level according to age, time of contribution and life...

This paper describes the main characteristics of "reverse mortgage" and it also assesses the main aspects related to its implementation in Brazil. A reverse mortgage is an equity release product that allows old people to convert their housing asset into an income flow, without the requirement of...

The purpose of this text is to consolidate the analysis of social policies that were modified by a legal reform, fostered by the government through the so-called "Medidas Provisórias" no 664 and 665, edited on 30 December 2014. The social policies analyzed in this text are pensions, wage...

The aim of the paper is to analyze the impact of the General Social Security System (RGPS) on regional disparities in Brazil. The study examines the impact of social security on regional income distribution at different scales by means of econometric tests, and conventional measures of...

This work identifies the existence of economies of scale and scope for the Brazilian complementary pension funds via quantitative tests on the administrative data base. It will be presented the literature review, descriptive statistics of the data base; a theoretical model on the existence of...

The aim of this paper is to point out reforms on the payroll of pensioners and survivors which are possible to be implemented by states, municipalities and the Federal District. All proposals are entirely consistent with that established by the Constitution and by federal laws. In that sense,...

This paper analyses the regulation on public pensions created by the Law 9.717/1998 and the Constitutional Amendment 20/1998 and the current reality on public pension's regulation. It has been verified that public pensions demand a management that should be efficient, transparent, and democratic...

Brazil is one of thirteen countries in the world whose social insurance system offers a pension based solely upon length of contribution, with no age requirement. This kind of benefit allows contributors to have access to pensions at relatively young ages (here defined as before 60 years old for...

The aim of this paper is to point out reforms on the payroll of pensioners and survivors which are possible to be implemented by states, municipalities and the Federal District. All proposals are entirely consistent with that established by the Constitution and by federal laws. In that sense,...