INSS exterminator takes up the banner of private pension plans.

247 – The exterminator of the INSS (Brazilian National Social Security Institute), the Secretary of Social Security of the Ministry of Finance, Marcelo Caetano, has definitively taken up the banner of private pension plans. In an interview with the newspaper Valor Econômico, published this Monday the 19th, he comments on the fact that, with the Social Security reform, municipal and state governments will be able to contract any closed supplementary pension entity.

"We want to have more competition. If the municipality wants to join Funpresp [supplementary pension fund for federal public servants] or another fund, that's fine. If it wants to join a private pension plan or another type, that's fine too. The measure is to have more competition," he said.

Recently, the release of his agenda from months ago caused controversy by revealing meetings he held only with representatives of private pension institutions. Only on the day the government's reform was to be publicly presented at a press conference did Caetano meet with leaders of labor unions (see previous article). here).

In the interview, he is asked if he thinks it's unfair that categories like the military are not affected by the reform. Caetano responds, contradictorily, that he is "sympathetic to the idea of ​​increasingly equalizing things. Points that still need harmonization can be addressed later. I don't see that as a problem."

He also comments on the decoupling of the Continuous Benefit Payment and the survivor's pension from the minimum wage, considered a setback by many experts, stating that "the minimum wage serves as a link for income replacement and not for survivor's pension." "There is an increasingly common trend of accumulating retirement benefits with survivor's pensions, due to the greater insertion of women in the labor market, and few countries adopt pension replacement rates of 100%," he affirms.

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