cover image: The Brazilian Pension System Under an Equity Lens: Technical Note

20.500.12592/4xgxkk5

The Brazilian Pension System Under an Equity Lens: Technical Note

7 May 2024

The objective of this note is to provide a comprehensive analysis of the Brazilian pension system through an equity lens. This focus is important, because fairness and equity of the pension system are relevant even beyond their intrinsic societal value: they are also instrumental for economic growth, as it impacts the incentives to participate in the labor market, as well as the productivity of current and future workers. Furthermore, political considerations also require that fairness and equity are taken into account in any future pension reform discussions. Section 2 provides general overview of the pension system and briefly explains the recent pension reforms in Brazil, while Section 3 offers a framework for addressing equity issues in the pension context. It explores how Brazilian pension system provides different levels of protection to distinct groups, creating a mismatch between contributions paid and benefits received, not always in a progressive manner. Section 4 concludes with a summary of the findings and a set of policy recommendations.
brazil taxation pension system pension reform social protections and labor::pensions & retirement systems

Authors

Zviniene, Asta, Raquel, Tsukada

Citation
“ Zviniene, Asta ; Raquel, Tsukada . 2024 . The Brazilian Pension System Under an Equity Lens: Technical Note . © Washington, DC: World Bank . http://hdl.handle.net/10986/41521 License: CC BY-NC 3.0 IGO . ”
Collection(s)
Other papers Portuguese PDFs Available
DOI
https://doi.org/10.1596/41521
Identifier externaldocumentum
34313716
Identifier internaldocumentum
34313716
Published in
United States of America
Region country
Brazil
Report
189872
Rights
CC BY-NC 3.0 IGO
Rights Holder
World Bank
Rights URI
https://creativecommons.org/licenses/by-nc/3.0/igo
UNIT
Social Protection & Labor LCR (HLCSP)
URI
https://hdl.handle.net/10986/41521
date disclosure
2024-05-07
region administrative
Latin America & Caribbean
theme
Social Safety Nets,Gender,Human Development and Gender,Economic Policy,Social Protection,Social Development and Protection,Fiscal Policy,Disease Control,Pandemic Response,Labor Market Policy and Programs,Active Labor Market Programs,Fiscal sustainability,Social Insurance and Pensions,Social protection delivery systems

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