Labor reform could leave a R$30 billion hole in Social Security, warns Humberto

Place of Publication
Brazil247
Publication date
Summary

In addition to bringing immense losses to workers, the Labor Reform should cause a huge hole in Social Security accounts. According to a study carried out by researchers at the Institute of Economics of Unicamp, the migration of formal workers to the status of legal entities, an action that was facilitated by the new legislation, will have a billion-dollar annual negative impact on social security revenue.

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