Pensions in Brazil put old people in the mood wrote Samantha Pearson:

• Until recently spouses of deceased workers received their partner’s pensions for the rest of their life.
• This made marriage to older men attractive to younger women who could live off the pension for several decades – even if they married someone else after the death of their beloved.
• However recent macroeconomic problems have forced the government to announce reforms.
• Now the partners of the deceased will only get 50% of the original pension.
• Newly single individuals under the age of 44 will only have rights to the pension for as little as three years.

Read about how Brazil got into this mess, what the government is doing to perk up the economy, and more over here.

Source: Financial Times

Via: Quartz