Clipping of news on Brazilian Culture, Law and Citizenship
12/23/2014
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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The supplementary pension is exposed to periods of crisis and the inconveniences caused to banks attached to them
THE DAY
Rio - From what has been observed, the expected return of private pension in the long run, it is better than the return of the INSS and the relative risks are not as high. Many Brazilian workers, however, believe that contribute to the INSS is safer than to the pension plan, mainly because no government guarantee.
The supplementary pension is exposed to periods of crisis and the inconveniences caused to banks attached to them.
Moreover, it is very difficult to maintain wage levels achieved by those who contributed over time to Social Security after the worker enters the application for the benefit of INSS. Below, find out more about this subject.
By Jair Abreu Junior
QUESTION AND ANSWER
"Even those who pay private pension have to monitor the welfare of the government? How come? "
Oswaldo, Ipanema
Oswaldo, every Brazilian formal worker is automatically an insured INSS. The pension, as the name suggests, is a choice for those who want to ensure in the future a better income to their needs. Ie serves to compose the Employee Retirement value. To be administered by financial institutions, is known as pension.
I do not see how it would be possible to live in Brazil, currently without private retirement. It is very difficult to maintain wage levels achieved by those who contributed over the years to Social Security for a long time and to retire is their low income. The INSS suffers from administrative gigantism, which does not allow a more efficient management.
Thus, we can see clearly the operational inefficiency in all units of the body. Features that keeps retirees payments are not linked to amounts paid by them over time and, even at the current economic contributions.
That is, those contributions that have already been consumed long ago. As the Brazilian population is living longer, the security factor used in the calculation of the benefit, does the employee pay longer the foresight to balance its accounts.
Thus, concerns about the fate of the resources are valid, but between the two, I believe that private retirement is more suitable for those who want to maintain a certain standard of living to stop working.
In this context, I think yes you should monitor what goes on in government pension, since this information can also serve to benchmarks and analysis parameter on the social security context of the country. But try to make a parallel private pension to safeguard the future. Good luck!
Source: ANVISA
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This article was translated by an automatic translation system, and was therefore not reviewed by people.