Business · Economy · 6 hrs ago
Professor proposes unified Brazilian pension system with benefit from age 70
Hélio Zylberstajn proposed a radical overhaul of Brazil’s pension system at a pension conference in São Paulo.
He said the plan would bring different pension regimes into one system covering more kinds of workers, including self-employed and informal workers.
His case is that public costs, an ageing population and changing work patterns are putting pressure on the current system.
The plan includes a basic payment of R$900 from age 70 for every Brazilian, according to his proposal.
Other parts would include contributory benefits, with a combined reference value of R$3,600.
Zylberstajn also suggested changing the FGTS and reducing pension contributions, but the proposal’s next steps were not specified.
FEA/USP professor Hélio Zylberstajn proposed a radical reform of Brazil’s social security system at a conference in São Paulo.
The plan would unify existing regimes and extend coverage to workers currently outside the system.
It includes a basic benefit of R$900 for every Brazilian at age 70 and a proposed maximum retirement benefit of R$3,600.
Zylberstajn said the proposal responds to fiscal, demographic and labor-market challenges.
- Who
- Hélio Zylberstajn, a professor at FEA/USP and coordinator of Fipe’s Salariômetro.
- What
- He proposed a radical reform to unify Brazil’s social security regimes and widen coverage. The plan includes a basic benefit from age 70.
- When
- Wednesday, October 21, 2026.
- Where
- The 47th Brazilian Private Pension Congress in São Paulo.
- Why
- He said the system faces fiscal, demographic and labor-market challenges, including population ageing and fewer salaried workers.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Basic benefit
- R$900 at age 70
- Proposed maximum retirement benefit
- R$3,600
- Contributory benefit by distribution
- R$2,700
- Conference
- 47th Brazilian Private Pension Congress, São Paulo
- Presentation date
- October 21, 2026
1 source
What people are saying
We have to make a new fair and inclusive reform.
Half of Brazil's expenses go to Social Security.
We have fewer and fewer salaried workers.