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...

The employer`s payroll contribution for pension system relief has been one of the most important topic on the debate about social security. Some advocates that the traditional source of funds for pension system tends to undergo a process of erosion.And there are critics, who argue that there is...

This study sought to quantify the impact of demographics on the expense of the public pensions as a share (%) of the Gross Domestic Product GDP, by 2060 and 2100, based upon a simplified forecasting model. The results show a strong expansion in expenditures due to the fast and intense process of...

Although in the last decade, Brazil has experienced improvements in its major labor and social security indicators, a significant portion of the workers are still excluded from the social insurance system - group in which the self-employed workers are prevalent. In this context, the Brazilian...

The hasty and intense process of population aging observed in Brazil should have a relevant impact on the expected evolution in the number of potential contributors and beneficiaries of the social security schemes - particularly, the social insurance schemes, with emphasis on the public pension...

The pension reform carried out in 2019 consists of the most extensive reformulation of the Brazilian social insurance system since the promulgation of the 1988 Federal Constitution. Despite important changes and advances in sustainability in the medium and long terms, from the expenditure...

The purpose of this work is to provide an overview of social security, which, along with public health and social assistance, constitutes social security in Brazil. This text represents only a part of a trilogy of Discussion Papers structured to highlight the relevance of social security,...

The Social Security Reform Bill (PEC) no 287/2016, along with its subsequent modifications, attempts to promote important and necessary parametric adjustments in the Brazilian Social Security system, with clear focus on its social insurance pillar. Put it simply, regarding the General Social...