The capitalization of the pension fund can be managed under the name of Treasury Direct – 11/01/2019 – Market



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The proposal of the nucleus of the Government's Civil House provides that the resources saved in a possible funded pension plan be managed in a system similar to that of the Direct Treasury.

The Minister of Economy, Paulo Guedes, wants to try to approve in Congress an exchange in the social protection scheme, creating the format in which each worker has his own savings, and does not pay to a common fund, as it does today. The government is studying that the change only concerns the middle clbad.

Called PIA (Individual Retirement Plan), the platform for managing money saved is an idea presented in an article published in the Revista Brasileira de Previdência in November. and the brothers Abraham and Arthur Weintraub – both having positions in the Plbadto.

On the platform, the worker could invest the money he kept for

The authors claim to believe that this system would democratize access to the capital market, thus allowing Brazilians different professions to make applications offering more performance.

19659002] The details of resource management should not be included in the PEC (constitutional amendment proposal) of the social security reform to be sent to the Legislative Assembly.

The priority of the PSC should be the creation of the minimum age and the exchange of the capitalization model

Abraham is the number two minister Onyx and Arthur has been appointed a member of the board of the United States. Special Advisor to the Presidency of the Republic.

Both have accompanied Bolsonaro since the official start of the campaign.

The Weintraub have a proposal for physical retirement, which is a form of social security, in which the insured receives proportionally to the contribution period, with different rules for minimum wage ratepayers.

In the Guedes team, the suggestion of the former president of the Central Bank, Armínio Fraga, and the economist Paulo Tafner has

Deputy Secretary for Social Security , Leonardo Rolim, participated in the group, which recommended setting a minimum age and a transition of up to 15 years.

Technicians worked with a shorter transition, from 10 to 12 years, so that the minimum age, which would gradually increase, would reach a level close to 65 years (men) and 62 years (women) .

On the capitalization, the esp group suggested that only those who exceed a ceiling of compensation will be part of the capitalization. The poorest would continue in a system similar to the present.

The worker would contribute to the INSS, which would separate the contribution. The ceiling portion set by the government would go to the general scheme.

Without a consensus in the proposals, the government's strategy is to adopt silence.

Guedes and the Special Secretary for Social Security and Labor, Rogério Marinho, avoid

Another obstacle to negotiations on the reforms is the fear of the military with a possible proposal to change the rules applicable to the armed forces.

The economic team is currently studying the possibility of presenting a project. pbad the service time of the army from 30 to 35 years. Another idea is to charge 11% of the pension paid to widows.

These changes can be made via an invoice, not a CEP. In other words, fewer votes are needed.

The lobby of the armed forces is well organized. One of the arguments is that, in the reform presented by Michel Temer, the hardening of the rules was spared them.

The military pension deficit is expected to reach 43 billion rubles this year. [ad_2]
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