Young Second Wives Taxing Brazil's Pension System

The widespread tendency in Brazil for men to remarry women several decades younger — called the “Viagra effect” — is undermining the country’s pension system, researchers warned Tuesday. The report, by Brazil’s National Social Security Institute (INSS), showed that a trend of men in their 60s marrying women half their age was leaving a big pool of young widows collecting benefits for much longer than anticipated.

via AFP


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