SOCIAL SECURITY: BRAZIL AGAIN TRIES TO ALTER REQUIREMENTS.(Brief Article)

Pensions & Investments, July, 1999 by Kepp, Michael

RIO DE JANEIRO, Brazil -- Brazil's government is planning another attempt to persuade Congress to toughen social security eligibility requirements in an attempt to cut the system's growing deficit. The body last year passed reform tightening eligibility requirements for public sector employees already in the system.

But an age eligibility proposal for private-sector employees already in the system did not make it into the law. The government argues tougher standards are needed to sufficiently curb payouts (Pensions & Investments, Jan. 11). The government plans this month or next to introduce a social security amendment before Congress that is identical to an eligibility requirement clause for private-sector employees already in the...

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