Key Victory for Bolsonaro: MPs approved changes to retirement

The powerful minister of the economy, Paulo Guedes, is the author of the project with which, in his words, a "bomb" of time that threatened to blow up the public accounts.

With the introduction of the new system the state will save more than 900 billion reais ($ 230 billion) in ten years, according to Guedes calculations.

The project raises the minimum retirement age for women to 62 and men's.

In the event of a constitutional reform, the modification of the pension system requires a special majority of 3/5 deputies, ie 308 deputies, and a percentage equal to the upper house.

The president of the deputies, Rodrigo Maia, has convened today a new session during which will be voted 8 points proposed by the opposition.

It is no longer possible to change what has been voted in general and the government is confident that it will be able to immediately send the average sanction of the deputies to the Senate.