Politics · Brazil · 1 hr ago

Brazilian bill sets 120-day deadline to address public-sector supersalaries

Brazilian bill sets 120-day deadline to address public-sector supersalaries

Brazilian Planning Minister Bruno Moretti says limits on public-sector supersalaries could save 3 billion reais.

A fiscal adjustment bill introduced in the Senate by Jaques Wagner would require Congress to consider rules on pay and allowances within 120 days after the law is published.

The issue is that some public employees receive extra payments outside the current salary cap of 46,400 reais.

These additional payments are known as “supersalaries” and include allowances classed as compensation for expenses.

Moretti says savings could support fiscal consolidation or strategic policies such as public security.

The bill’s overall estimated impact is 50 billion to 60 billion reais by 2027.

Congress would still need to consider and vote on the rules for public-sector pay and allowances.

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What people are saying

Bruno MorettiPlanning and Budget Minister
We are proposing to the National Congress a deadline for the supersalaries bill to be voted on, so that we can use this limit to accelerate the fiscal consolidation process or fund strategic policies, such as public security policies.
via Estadão
We estimated around R$3 billion, at least, in savings, looking at the bills on limits to supersalaries that are in the House.
via Estadão