State-Level Pension Reform: The Case of Rio Grande Do Sul

2000

The designations employed in UNRISD publications, which are in conformity with United Nations practice, and the presentation of material therein do not imply the expression of any opinion whatsoever on the part of UNRISD concerning the legal status of any country, territory, city or area of its authorities, or concerning the delimitation of its frontiers or boundaries. The responsibility for opinions expressed in signed articles, studies and other contributions rests solely with their authors, and publication does not constitute an endorsement by UNRISD of the opinions expressed in them.

Textos Contextos, 2012

This article deals with the pension reforms done by FHC and Lula, highlighting the arguments used, the changes taken and some of the immediate results after implementation. Despite the attacks on rights, the reforms did not cover the largest interest of neoliberal pension reform, that is, creating a space for massive development of capitalization regime. However, under the concept of Social Security, the reforms virtually emptied its contents, which constitute a serious setback.

Textos Contextos, 2012

RESUMO-Este artigo trata das reformas previdenciárias realizadas pelos governos FHC e Lula, com destaque para os argumentos utilizados, as mudanças efetivadas e para alguns dos resultados imediatos de sua implantação. Apesar dos ataques a direitos, as reformas não contemplaram o interesse maior das propostas neoliberais no campo previdenciário, isto é, a criação de um espaço para o desenvolvimento maciço do regime de capitalização. Contudo, do ponto de vista do conceito de Seguridade Social, as reformas praticamente esvaziaram seu conteúdo, o que constitui um grande retrocesso.

E-publica Public Law Journal, 2023

The article explores the different political and legal dilemmas faced by transposition from federal to regional or local legislation, in federal states. In this context, it is argued that federal and supranational legislation are examples of the same phenomenon (multilevel legislation) but have sensitive and remarkable differences in terms of dynamics and political distribution costs. The case analyzed is the Brazilian 3 rd Pension Reform, which is considered a representative of the problem as it is a constitutional reform that needs to be transposed to regional and local legislation but often fails to do so.

Brazilian Keynesian Review

The pension system serves as an important instrument to provide income for individuals who are incapacitated for work or achieve old age. Recently, Pension Systems worldwide have faced financial and actuarial difficulties, casting doubts about their sustainability. Arguably, the main reasons for the systemic unbalance are the ageing population and the structure of benefits. The present article investigates the impacts of these two variables by means of simulation exercises. Specifically, this paper aims to analyze how a rise in formality and an increase in labor productivity affect the results for the Brazilian Pension System (deficit or surplus), the participation of the benefits in total GDP and economic growth, based on a stock-flow consistent model (SFC). The results reveal that increasing formalization (i.e, rising the number of taxpayers) reduces the pension system deficit and boost economic growth. But the system deficit persists somewhat. Allowing for productivity growth imp...

Latin America (LA) is in the midst of a pension revolution that has caught the attention of pension system experts and policy makers elsewhere. There is one common feature that makes the LA approach unique in providing old-age security: adoption of an important second pension pillar that is fully funded and based on contributions to individual accounts in pension funds that are invested in financial markets and managed by private companies. However most other reform features differ significantly across the eight country reform experiences implemented to date. This paper compares reform approaches, evaluates actual and potential reform effects, and points out issues of concern. Pension reform has been largely successful in helping to defuse the "ticking pension time bomb" of PAYG systems and to make pension arrangements less prone to political interference. Pension reform could also lead to sizable efficiency gains in factor markets, helping to raise social welfare and economic growth. However significant problems of design and implementation remain in LA's 8 reformed pension systems. They represent a challenge for policy makers in both the latter countries and those that are considering future reform. , as well as from outstanding assistance provided by Montserrat Pallares-Miralles and Francisco Gallego. All errors and omissions are mine.

Apuntes. Revista de Ciencias Sociales, 2016

The pension system for public servants referred to as “20530” or the “cedula viva” caused severe fiscal damage to the Peruvian state until its reform in 2004. The reform was particularly difficult to accomplish because a number of senior officials and former government authorities were elite beneficiaries of this pension regime. In this article, we explore the reform process led by a government agency, identifying this agency’s capacity and the implementation of a strategy of visibilization as key factors.

Last week the World Bank released a Staff Note (2017) analyzing the pension reform proposal sent last December by Brazil's Federal Government to Congress. It concludes that (p.16, our emphasis): " … the proposed pension reform in Brazil is necessary, urgent if Brazil is to meet its spending rule, and socially balanced in that the proposal mostly eliminates subsidies received under the current rules by formal sector workers and civil servants who belong to the top 60 percent of households by income distribution. " With the help of some charts extracted from the note, we summarize here some of the reasons for such a statement.

Public Administration and Development, 2014

Reform of pensions policies is a priority public policy issue around the world. It is high on the agenda across Organisation for Economic Co-operation and Development, transitional and developing countries alike. The individual country circumstances and drivers of reform may differ, as do the policy directions chosen, but there are also common factors and opportunities for cross-country learning. These relate not only to technical aspects of pension system design but also to the processes of policy and administrative reform and to issues of development. For PAD, they raise questions about ideas, interests and institutions, as well as about specific pension system design.

Latin America is one of the pioneers in introducing individual capitalization schemes as part of their compulsory component of their pension systems. Thirty years have passed since Chile took the !irst step. Now what reforms have been achieved today? What challenges lie ahead? This paper reviews the motivations of the reforms and their progress, using the experience of Colombia, Chile, Mexico and Peru. The main results are presented in terms of coverage, replacement rates, and !iscal sustainability, with projections to 2050. The results show that while the reforms of both the public and private pension systems have been key to providing !iscal sustainability and have strengthened retirement savings for groups with greater permanence in the labour market, there are still many pending challenges in order to address the signi!icant percentage of people who are self-employed, within the informal sector or frequently unemployed. In that sense, for each of the countries studied, recommend...

2006

Producción a cargo del (los) autor(es), por lo que tanto el contenido así como el estilo y la redacción son su responsabilidad.

2014

When pension systems are highly developed, the politics of pension reform constitutes an excellent focal point for the analysis of the political relations among political parties, interest groups and techno-bureaucracies. Highly developed pension systems affect the life of most of the population, both as contributors and beneficiaries. In this systems the theory expects incremental rather than structural reforms. Besides, the older the institution the higher the resistance for change. This paper compares the pension system policy options adopted in Chile and Uruguay under the aegis of the authoritarian regimes installed in both countries in 1973. Both regimes shared similar political features, a common economic rhetoric and similarities at the level of their economic and pension system problems. In spite of this similarities they adopted opposed pension policy reforms. In Chile the pension system was reformed following a market oriented reform. On the other hand, almost at the same ...

1995

Pension reform is spreading around the globe, from Latin America to the OECD countries, and major reform projects are being discussed in many other developing, transition, and OECD countries. The authors survey current research issues and country experiences related to old-age social security arrangements by introducing the papers selected for a special June 1994 issue of the Revista de Analisis

Policy Research Working Papers, 1999

This paper reviews the pension systems of Portugal and explores comparative analysis with other Southern European (SE) countries and tries to show responses to the new political and economic realities in recent years. According to a review of pension systems in SE countries, this paper summarizes and highlights the main features and trajectories of the development of social security systems in four countries (Portugal, Italy, Greece, and Spain) that are dealing with the challenges of these systems. It also examines the deeper challenges for the future that are posed by demographics and suggests some emerging proposals with respect to the architecture of reformed systems. Comparative analysis of this region the challenges still remain unchangeable last decades. According to crucial issues raised in the pension system of SE, to the respond of these challenges the author is forming several approaches with recommendations and proposals for solving the problem in pension system.This paper reviews the pension systems of the region and explores comparative analysis based on historical brief background and tries to show responses to the new political and economic realities in recent years. It summarizes and highlights the main features and trajectories of the development of social security systems in four countries (Portugal, Italy, Greece, and Spain) that are dealing with the challenges of these systems. It also examines the deeper challenges for the future that are posed by demographics and suggests some emerging proposals with respect to the architecture of reformed systems. In the future as for the next research we are planning to work on the individual pension models based on PROST program (The World bank ) as options simulation toolkit for each countries separately in Southern Europe. This study will reflect a developing process of the fully funding pension scheme and its implication on social-economic factors. The structure of the paper is the following- Section 2 discusses the common socio-economic indicators of the SE countries, focused in particular on the aging process. Section 3 details the pension systems of these four SE countries: Greece, Italy, Portugal, and Spain. This section also highlights the major reforms carried out by their governments over the last decade.