Chamber of Deputies Spent R$1.25 Billion On Retirement in Last Nine Years

The Chamber has 508 retired deputies and other 489 pensioners, according to data obtained by UOL through the Access to Information Act.

By Iolanda Fonseca

RIO DE JANEIRO, BRAZIL -  Deputies are entitled to an average retirement pension of R$14,680.86 (US$3,670) while the average employee pension is R$8,602.42.

Between 2010 and 2018, retirement payments for deputies and pensioners cost the public treasury approximately R$ 1.25 billion (US$312 million), corrected by the IPCA (Broad Consumer Price Index).

Of this total, R$811 million covered the benefits of deputies and another R$440 million were used to pay other pensioners.

Legislators may retire at 60 years of age and after 35 years of social contribution . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?