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Bolsonaro, a former army captain who has surrounded himself with
generals and liberal economists as top advisers, made pension
reform a staple of his campaign. But he has given few details
before his inauguration or as president.
He talked in one interview about modestly raising retirement
age, only to be contradicted by advisers the next day.
The details of the plan, as reported by newspaper Valor
Economico, would be more aggressive than the one presented by
Bolsonaro's predecessor, Michel Temer, who sought to save 800
billion reais, the newspaper reported.
Measures would include stricter eligibility requirements for
public employees, including teachers and policemen.
Brazil, which only has a public pension structure, would also
create a private system. But this new private plan would only be
meant for workers who are both young and affluent, the newspaper
said.
The whole reform package could take 10 to 20 years, it reported.
(Reporting by Marcelo Rochabrun; Editing by Andrew Cawthorne)
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