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Brazil: Protest Against Bolsonaro's Pension Reform

Brazilians came out to the street Wednesday against President Jair Bolsonaro’s pension reform proposal.

In the pension reform proposal, the Brazilian government would establish new employee contribution rates and is also expected to reform public servant and military pensions.

Bolsonaro's economic team previously said that the Social Security Reform Proposal will seek to implement a capitalization scheme, which means that each worker finances his or her own retirement with deposits into an individual account.

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Opposition members of the lower chamber of Brazil
Opposition members of the lower chamber of Brazil's Congress protest against President Jair Bolsonaro at National Congress. Photo:Reuters
A demonstrator attends a protest against Brazil
A demonstrator attends a protest against Brazil's President Jair Bolsonaro's proposal to reform the social security system. Photo:Reuters
One of the points of the proposal is to establish a minimum age to access retirement, a requirement that until today does not exist in Brazil.
One of the points of the proposal is to establish a minimum age to access retirement, a requirement that until today does not exist in Brazil. Photo:EFE
Demonstrators protesting against Bolsonaro
Demonstrators protesting against Bolsonaro's pension reform agenda. Photo:Reuters
People are angry at the new reforms suggested by Bolsonaro which is considered worse than previous President Michel Temer
People are angry at the new reforms suggested by Bolsonaro which is considered worse than previous President Michel Temer's. Photo:Reuters
"Bolsonaro, take your hands off our rights" reads the placard seen in a protest against Bolsonaro.
"Bolsonaro, take your hands off our rights" reads the placard seen in a protest against Bolsonaro. Photo:Reuters
The pension reform presented The Government faces a frontal resistance in the unions, which have announced protests against what they consider an "attack" against the "acquired rights".
The pension reform presented The Government faces a frontal resistance in the unions, which have announced protests against what they consider an "attack" against the "acquired rights". Photo:EFE
Published 21 February 2019
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