Portuguese 
The proposal coordinated by Paulo Tafner sets a minimum retirement age of 67 for both men and women and divides workers by age group. Those up to 24 years old would enter the new system; those aged 25 to 49 would have a transition period; and for those aged 50 or older, the current calculation would be maintained, although new requirements might still apply.
A new pension reform proposal developed by specialists led by economist Paulo Tafner suggests raising the minimum retirement age for men and women to 67. The framework also creates different treatments based on the worker’s age when a potential reform comes into effect and proposes changes to contributions, BPC (Continued Cash Benefit), special retirements, MEI (Individual Micro-entrepreneur), and employment-related benefits.
According to the ND Mais report released in August 2026, based on information from Folha de S. Paulo, the plan is still just a proposal and has not changed the current pension regulations. At this moment, there is no prediction of when or even if the measures will be transformed into a new reform, so current rules remain in effect.
Minimum age proposed would be 67 for men and women
-
MDIC Opens Request for Up to 12-Month Extension in Drawback for Exporters Affected by U.S. Tariffs and Defines Eligibility
-
Mass Layoff: Uber Announces Cut of 3,300 Employees in Largest Reduction Since Pandemic
-
Purchases up to $50 Could Be Exempt from “Blusinhas Tax” as Mixed Committee Approves Elimination of 20% Import Tax, Races Against September 8 Deadline for Approval from Chamber and Senate
-
BNDES Nearly Doubles Its Stake in Brazil Soberano 3 to R$ 9.1 Billion, Boosts Credit for Exporters, Fertilizers, and Critical Minerals to R$ 22.6 Billion
Currently, the general rule provides for a minimum age of 65 for men and 62 for women. For rural workers, the age thresholds are 60 for men and 55 for women.
Increase would occur in phases of six months per year
The change to 67 years would not happen all at once.
The proposal envisions a gradual increase, with increments of six months per year until the new minimum age is reached.
Life expectancy could raise the minimum age again
The plan also includes a mechanism to monitor changes in the population’s longevity.
Whenever life expectancy increases by one year, the minimum age could advance by an additional four months, maintaining a relationship between longevity and the time of access to retirement.
Workers up to 24 years old would fully enter the new system
Those aged up to 24 years would enter fully into the new model, with retirement calculated exclusively under the new rules outlined in the proposal.
Ages 25 to 49 Would Have a Transition Rule
Workers between 25 and 49 years would find themselves in an intermediate situation.
Accumulated contributions would be preserved, while payments made after the changes would also be considered through a notional account.
Notional Account Would Record Contributions Without Being a Regular Bank Account
The notional account does not necessarily correspond to a traditional individual financial account.
The system would operate as a record of the worker’s contributions, updated based on an index related to wage mass growth.
This formula would apply to payments made after the new rules came into effect for the transition group.
Those Aged 50 or Older Would Keep the Current Calculation
Workers aged 50 or older at the time of potential approval would remain under the current benefit calculation model.
However, the preservation of this formula would not mean complete maintenance of all current conditions. These individuals would also be subject to the new age requirements and any other parameters established by the reform.
Social Security Would Gradually Transition to a Mixed System
The proposal also changes the financing structure of the system.
Currently, the General Social Security System operates under a pay-as-you-go model, in which contributions collected from workers and employers help finance the benefits paid in the present.
The new design calls for a gradual migration to a system divided between pay-as-you-go and capitalization.
Half Would Remain in Pay-As-You-Go and Half in Capitalization
The proposed division would be 50% for each model.
Among the younger workers, a portion would be recorded in the notional account, while another would go to financial capitalization through a pension fund.
The intent presented is to relate part of the future retirement to the creation of reserves during professional life.
Minimum Contribution Period Would Rise to 20 Years
The plan also proposes a change in the minimum number of years of contributions.
Women and rural workers who currently meet the requirement with 15 years of contributions would need to have 20 years of payments to the INSS.
Each child could add 1.5 years for women
The proposal creates a specific mechanism related to motherhood.
Each live or adopted child would add 1.5 years to the time counted for women, with a limit of five children.
The benefit could total up to 7.5 years, but would not replace the new requirements for minimum age and contributions.
Companies would assume costs linked to work-related accidents and illnesses
Another change would affect benefits for disability caused by accidents or illnesses related to professional activities.
Under the proposal, the INSS would no longer directly cover these expenses, transferring responsibility to companies and domestic employers, who would need to purchase insurance for their workers.
Self-employed individuals would also need to seek their own protection.
Employers could pay 6% more to maintain coverage by the INSS
The model provides an alternative for those who prefer to continue using the public system in this area.
In this case, the employer could keep the INSS responsible with an additional contribution of 6%.
The change would also affect rights associated with job-related absences, such as job security after returning and FGTS deposits during the absence period.
Employer contributions would drop from about 22% to 16%
The transfer of part of the responsibilities would come with a counterbalance for employers.
Currently, companies contribute 20% on payroll, plus a portion related to accident risk, reaching approximately 22%, according to sources.
The new framework proposes a rate of 16% up to the RGPS ceiling.
Study estimates a deficit exceeding R$ 338.6 billion in 2026
The proposal is accompanied by projections on pension accounts.
The study estimates that the deficit in the pension system will exceed R$ 338.6 billion in 2026, a figure used as part of the context for the structural changes presented.
The Continued Cash Benefit could fall below the minimum wage
The Continued Cash Benefit (BPC) would also be modified.
Currently, low-income seniors aged 65 or older can receive benefits even without having contributed to the INSS, with payments equivalent to a minimum wage.
Under the proposed model, the amount would not necessarily need to reach the minimum wage.
Those who have never contributed could receive 60% of the minimum
The suggested formula for the BPC would start at 60%, with an increase of 2% for each year of contribution.
Thus, a person with no contributions would receive 60% of the amount considered by the model. With 20 years of contributions, the percentage would reach 100%.
Special retirement would rise to 57, 60, and 62 years
Workers exposed to harmful agents would also face new requirements.
The current minimum ages of 55, 58, and 60 years, depending on the level of exposure, would be raised to 57, 60, and 62 years.
The required contribution periods would remain at 15, 20, or 25 years, depending on the activity.
The proposal’s own material indicates that this change could generate legal discussions regarding the constitutionality of the minimum age requirement for this type of retirement.
Federal teachers would have a minimum age of 64
Differentiated rules for certain categories would also be reduced.
Federal teachers in basic education would have 64 years as the minimum age for retirement, according to the proposed outline.
Police officers would need 64 years and 25 years on the job
The proposal also establishes 64 years for police officers.
In addition to the age requirement, it would be necessary to fulfill 25 years in effective service to qualify for retirement under the new guidelines.
Server rules would be approximated across different governments and branches
The public service would undergo an attempt at standardization.
The proposal aims to align rules applicable to federal, state, and municipal employees, also reaching workers linked to the Executive, Legislative, and Judicial branches.
Individual micro-entrepreneur’s social security contribution would rise from 5% to 11%
Individual micro-entrepreneurs would also be included among the affected groups.
The social security contribution for Individual Micro-entrepreneurs (MEI), currently set at 5%, would increase to 11%.
Beneficiaries of the Continued Cash Benefit would be an exception and would continue contributing at the 5% rate.
Complete changes could take more than 20 years
The division by age would result in different generations being affected in distinct ways by the proposal.
The most profound changes could take more than 20 years to reach the entire working population, although some planned measures could be implemented immediately if a reform with this design is approved.
Current rules remain in effect because the proposal has not yet been approved
The age of 67, notional accounts, the hybrid system, changes to the Continued Cash Benefit, and all other measures described remain in the realm of proposals developed by the group led by Paulo Tafner.
Currently, there is no definition on when or if the plan will transform into a pension reform. Until any potential approval and the enactment of new rules, the current regulations remain in effect.
In your opinion, which point would have the greatest impact on workers should this proposal advance: the minimum age of 67, the division of rules by age group, or the shift to a hybrid system of pay-as-you-go and capitalization? Share your thoughts in the comments.
