This paper reviews the Brazilian social security system and analyzes the reasons for its growth and financial imbalance. A key variable affecting the system's financial equilibrium is the ratio of workers to current beneficiaries, which has experienced gradual and systematic decline. The largest share of benefits, 28 percent, is paid to early retirees on the basis of completion of a minimum number of years of service. Early retirement beneficiaries...
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INFORMATION
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1987/06/30
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Document de travail (série numérotée)
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PHN8718
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1
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1
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2020/06/16
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Disclosed
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Simulations of some alternative policies for the Brazilian social security system
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social security
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