This article contains a proposal for reform of the Social Security System based on a lower benefit ceiling than the current one and on broader access to interest-bearing funds. The replenishment rate for this option is computed, considering the vested rights accruing prior to the reform, showing...

This paper reviews the main elements of social security reform in Brazil since 1998 and discusses areas where further policy action is yet to be taken to ensure the sustainability of the social-security system over time. Outlays on pensions paid to private-sector workers have risen as a result...

This article presents a reform proposal of Brazil's pension system. The new system is based on the principles of actuarial fairness, incentive to formalization, universalization and simplification of the social security structure. We calculated the balancing contribution rate to the system. The...

This article focuses on the reform of Social Security in Brazil, initiated in 2003. We estimate the fiscal impact of the original government proposal, as well as of the proposal approved at the House of Representatives, and the final format approved at the Senate. We also estimated both, the...

During the last years, the most important cause for the social security imbalance was the difference between revenues and expenditures related with retired people of the public administration. However, looking to the trends of the data, it is clear that the source of increase of total social...

During the last years, the most important cause for the Social Security imbalance was the difference between revenues and expenditures related with retired people of the Public Administration. However, looking to the trends of the data, it is clear that the source of increase of total Social...

Neste artigo são quantificados os impactos de algumas reformas paramétricas no Regime Geral de Previdência Social (RGPS). Nas reformas estudadas foram modificados o tempo de contribuição necessário, a idade de aposentadoria e a duração da transição para o novo regime. Também foram...