After the age of 40, the number of contributors begins to decline, particularly in the private sector, suggesting that there is an ” ejection from the labor market” after that age.
This situation, together with the high level of informality, makes it impossible to access long-term pension benefits.
The fact that 40.6% of contributors are women and 59.4% are men is a sign that a large part of the female labor force is outside the formal market.
More than 50% of the active beneficiaries of the general regime receive amounts 2.5 times below the minimum wage; and 15.4% of men and 19.7% of women receive an amount equal to or less than the minimum wage.
A pension benefit is equivalent to 38.1% of an active person’s income.
Of the general regime benefits, 54.9% required a moratorium.
Women, who were included to a large extent through a moratorium, account for 67.6% of the benefits.
Excluding the special regimes, 86.1% of the benefits are equal to or less than two minimum pensions.
The pension amount accounts for 38.1% of the average salary received by workers in the ten years prior to retirement.