President Rousseff Proposes Social Security Reform in Brazil

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Brazilian President, Dilma Rousseff, stated on Thursday that the country must face 'head on’ the social security reform. According to the President the Brazilian population is getting older and life-expectancy has increased.

“It is not possible that the average age for retirement is 55 years old,” said the President in a press conference with journalists in Brasilia. “There will be less people working in the future to sustain more people, who do not work,” she added.

New rules for the calculations of social security benefits were sanctioned in November . . .

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