Summary Note on Pension Reform in Brazil : Why is it Needed and What Will be its Impact?
This short note analyzes the fiscal and distributive impacts of the proposed pension reform currently under discussion in Brazil. It argues that the projected aging of Brazil`s population makes pension reform a necessity to regain the financial sus...
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World Bank, Washington, DC
2017
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Online Access: | http://documents.worldbank.org/curated/en/552181491971723170/Summary-note-on-pension-reform-in-Brazil-why-is-it-needed-and-what-will-be-its-impact http://hdl.handle.net/10986/26388 |
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okr-10986-263882021-05-25T10:54:35Z Summary Note on Pension Reform in Brazil : Why is it Needed and What Will be its Impact? World Bank PENSION REFORM DISTRIBUTION PUBLIC PENSION DEMOGRAPHICS This short note analyzes the fiscal and distributive impacts of the proposed pension reform currently under discussion in Brazil. It argues that the projected aging of Brazil`s population makes pension reform a necessity to regain the financial sustainability of the public pension system. Further, it analyses the distributional impact of the proposed reform showing that the biggest gains of the current system go to the top three quintiles of the population. Consequently, a reform of the pension system, by reducing the subsidies received by these groups, aside from contributing to its future sustainability would make the public pension system less regressive. 2017-04-18T19:03:49Z 2017-04-18T19:03:49Z 2017-04-11 Policy Note http://documents.worldbank.org/curated/en/552181491971723170/Summary-note-on-pension-reform-in-Brazil-why-is-it-needed-and-what-will-be-its-impact http://hdl.handle.net/10986/26388 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Policy Notes Economic & Sector Work Latin America & Caribbean Brazil |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
PENSION REFORM DISTRIBUTION PUBLIC PENSION DEMOGRAPHICS |
spellingShingle |
PENSION REFORM DISTRIBUTION PUBLIC PENSION DEMOGRAPHICS World Bank Summary Note on Pension Reform in Brazil : Why is it Needed and What Will be its Impact? |
geographic_facet |
Latin America & Caribbean Brazil |
description |
This short note analyzes the fiscal and
distributive impacts of the proposed pension reform
currently under discussion in Brazil. It argues that the
projected aging of Brazil`s population makes pension reform
a necessity to regain the financial sustainability of the
public pension system. Further, it analyses the
distributional impact of the proposed reform showing that
the biggest gains of the current system go to the top three
quintiles of the population. Consequently, a reform of the
pension system, by reducing the subsidies received by these
groups, aside from contributing to its future sustainability
would make the public pension system less regressive. |
format |
Policy Note |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
Summary Note on Pension Reform in Brazil : Why is it Needed and What Will be its Impact? |
title_short |
Summary Note on Pension Reform in Brazil : Why is it Needed and What Will be its Impact? |
title_full |
Summary Note on Pension Reform in Brazil : Why is it Needed and What Will be its Impact? |
title_fullStr |
Summary Note on Pension Reform in Brazil : Why is it Needed and What Will be its Impact? |
title_full_unstemmed |
Summary Note on Pension Reform in Brazil : Why is it Needed and What Will be its Impact? |
title_sort |
summary note on pension reform in brazil : why is it needed and what will be its impact? |
publisher |
World Bank, Washington, DC |
publishDate |
2017 |
url |
http://documents.worldbank.org/curated/en/552181491971723170/Summary-note-on-pension-reform-in-Brazil-why-is-it-needed-and-what-will-be-its-impact http://hdl.handle.net/10986/26388 |
_version_ |
1764461965363642368 |