Congress of Brazil approved the pension reform of Bolsonaro

The standard imposes for the first time in the country a minimum age for retirement, 62 for women and 65 for men.

Also set a time minimum contributions at pension system to be able to retire, to 15 years for women and 20 years for men.

The initiative was presented as a constitutional amendment demanding a heavy parliamentary procedure, with two votes in the Chamber of Deputies and two others in the Senate, in all cases by qualified majority.

The pension reform It's one of the biggest bets of the administration Bolsonaro To rebuild an economy whose gross product has lost seven percentage points between 2015 and 2016, it has recovered only 1% in 2017 and 2018 and this year it will increase by 0.8%, according to the latest forecasts.