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 analyzes the personnel expenditures in the Brazilian federal civil public service using administrative records from the Executive Branch. There are two contributions which are noteworthy because they may improve the understanding of policy makers regarding the evolution of those...

The discussion around the possible impacts of the recently proposed pension reform (Constitutional Amendment Bill No. 287/2016) on poverty and inequality has been largely impressionistic to date. The present study tries to bridge this gap by using counterfactual microsimulations based on the...

Rural workers in Brazil can access old-age pensions five years earlier than urban workers. The objective of this study is to evaluate whether unifying the ages of eligibility among these groups (a measure proposed in the last failed pension reform) makes sense from a comparative perspective, and...

Este artigo simula os efeitos de reformas previdenciárias paramétricas na previdência social, e os resultados mais importantes são: a) o valor presente da dívida atuarial é equivalente a 1,9 PIB de 2005, no cenário básico; b) a interrupção do crescimento real do piso previdenciário, a...

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...