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Young wives, Viagra drain pension system.

I wonder if they have a similar problem in Colombia?
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THE widespread tendency in Brazil for men to remarry women several decades younger than them, called the "Viagra effect", is undermining the country's pension system.

The report, by Brazil's National Social Security Institute, showed that a trend of men in their sixties marrying women half their age was leaving a big pool of young widows collecting benefits for much longer than anticipated.

"The social security system was planned so that the wife receives her husband's pension for only 15 years or so," the author of the study, Paulo Tafner, said.

"With growing life expectancy and remarriages with much younger women, benefits today stretch out over 35 years.

He said the younger-wife phenomenon was commonly called the "Viagra effect".

But he noted that in fact the trend started in the 1970s - well before the advent of the little blue pill that has since the mid-1990s helped men carry their sex lives well into old age.

According to the INSS report, two out of three men who are separated remarry, while only one out of three separated women find a new husband.

Of the separated men, 64 per cent of those aged over 50 remarry women younger than them.

In the 60-64 age range, the proportion is 69 per cent.

And the marked preference is for women aged 30 years and younger.

Brazil has a mixed public-private pensions system.

Those in the public system receive the equivalent of their salary after retirement, while those with private funds receive a maximum of $US1800 ($2180) a month.

Under current laws, when a retired man dies, his wife continues to receive his full pension until her own death.

According to the INSS, 94 per cent of pensions go to women.

By Brian858 on Oct 3, 2009, 22:16 in Friendly Talkzone.

scumbuster says on Oct 4, 2009, 05:29:

Looks like they may need to put a minimum age to begin drawing the pension. In my own case, I have several options for drawing my pension. Lump sum, or it ends when I die or continues until my spouse death. Each option paying different amounts. I will get several hundred dollars less each month when I retire due to my wife being 8 years younger. I assume if she was 25 years younger it would reduce significantly. I cant imagine that most US plans don’t take that into account already. When I begin drawing my pension if I choose the payout until both myself and my spouse die, my wife needs to show her birth certificate so they can calculate the monthly payments.

Tomas Jefferson “When the people fear their government, there is tyranny; when the government fears the people, there is liberty.”

0 funny, 0 helpful.

dwmte7 says on Oct 4, 2009, 09:57:

i guess this is how you 'stiff' the system.

patriarch

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excavator59 says on Oct 4, 2009, 18:44:

They're `Hard` at it trying to think of a solution & have brought in an expert Ivan Hardon to help.

Life is like a Pubic Hair on a Toilet Seat (Sooner or Later you get Pissed Off)

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Paisa/Calena/Luver says on Oct 4, 2009, 18:54:

Stiff the system or by draining the main vein.. lol

"PAY ATTENTION! I wonder if that person knows that when we push the FUNNY button, its because we are reading something outrageous, trying to be cynical, derogatory, sarcastic and/or obnoxious!"

1 funny, 0 helpful.

nine inch nails says on Oct 5, 2009, 13:53:

lol PCL!!

0 funny, 0 helpful.