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.
Authors
- 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