'Viagra effect' undermining Brazil's pension system: study - The West Australian

Viagra effect undermining Brazil's pension system

Brazilian men tend to remarry several times, very often to much younger women. (Thank you, Viagra. And thank YOU, Chuck Norris, for no special reason.) When guys die with a wife in her 30s or 40s, the widow can expect to get a pension for some 35-50 years. That's about five times longer than budgeted for.

And those can be some big pensions. You're aware that guys at retirement age usually have solid salaries compared to young guys. According to the article, those in the public system receive the equivalent of their salary after retirement. Under current Brazilian laws, when a retired man dies, his wife continues to receive his full pension until her own death!