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Brazil Exempts Military From Pension Shake-Up to Ensure Support

As the Brazilian government prepares for a confrontation with the nation’s workforce over far-reaching pension reform, one profession is notably absent from the belt-tightening move: the military.

Following Congress’s approval of a public spending cap late last year, the government of President Michel Temer is pushing ahead with a broad pension reform as the next stage of its austerity agenda. The proposal sets a minimum retirement age for the first time, requiring both private and public sector employees to work until the age of 65, compared with the current average age of 55. A vote on the bill is expected in the first half of this year.

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Categories: Uncategorized

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