271.4 Youth and social security coverage in Brazil

Thursday, August 2, 2012: 11:45 AM
Faculty of Economics, TBA
Oral Presentation
Paulo TAFNER , Ipea - Instituto de Pesquisa Econômica Aplicada, Rio de Janeiro, Brazil
Carolina BOTELHO , Ciência Política, Iesp /Sefaz, Brazil
Despite still being a young country, starting a process of aging, the spending on social security in Brazil as a proportion of PIB is high, such as more demographically mature societies. Some researchers justify the high cost of the pension system as reductor of two factors: (a) the distributive character of the Brazilian social security, being instrumental in reducing individual and family poverty, and (b) the broad scope and coverage of its pension system. In fact, the effectiveness of security as a reduction of poverty was relevant until 2002, but lost efficiency  thereafter. On the other hand, analyzing the data available in National Household Sample Survey (PNAD/IBGE), it turns out that, children, youth and young adults have low pension coverage directly and are also the groups most affected by poverty and extreme poverty in Brazil. The low coverage of these groups is one of the reasons why the instrument has lost force in the fight against poverty and extreme poverty. Given these issues, the research aims to contribute to the debate on the Brazilian social security system, pointing the way forward for the construction of specific public policies for children, youth and young adults in Brazil.