In Brazil, a Pension Crisis Mushrooms

Brazilians retire at an average age of 54 and, according to this NYT story:

Some Brazilians manage to collect multiple pensions totaling well over $100,000 a year, and loopholes enable their spouses or daughters to collect the pensions for the rest of their lives, too.

Sounds rather familiar.

This entry was posted in International. Bookmark the permalink.