Manaus City Hall published, last Wednesday (19), the law that makes the . According to municipal management, the changes could guarantee savings of R$4.6 billion in the coming decades, despite the current surplus record.
The reform increased the minimum retirement age and changed the calculations for granting the benefit. Previously, women retired at the age of 55 and men at the age of 60. Now, the new minimum ages are 62 for women and 65 for men. For teachers, the minimum age was 57 for women and 60 for men.
When calculating retirement, the benefit will be calculated based on the arithmetic average of 100% of contribution salaries, and no longer on 80% of the highest salaries. The value of the benefit will correspond to 70% of this average. The previous rule tended to increase the final benefit, and the change was criticized by employees.
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Collapse in accounts
According to the actuarial report presented to the Manaus City Council in April this year, the Pension Fund of the capital of Amazonas has a current surplus of R$ 196.6 million, but calculations indicate that these resources would not be sufficient to cover the retirements of active civil servants as they filed benefit requests.
Councilor Marcelo Serafim (PSB), who chaired debates on the topic in the Finance Committee, reinforced at the time that the actuarial deficit (the projection of future expenses without coverage) was already compromising the long-term financial planning of the Legislative and Executive branches, according to information from the City Council.
New calculation rules
The approved law stipulates stricter criteria for pensions and benefits. In the case of the death pension, for example, the new calculation establishes a family quota of 50% of the retirement value (or what the employee would be entitled to if retired due to disability), and adds 10% per dependent, up to a limit of 100%. Previously, the benefit was full.
For those who entered public service before December 31, 2003, the reform preserves completeness (retiring with the last salary) and parity (adjustments equal to those on active duty), as long as the transition rules are complied with, which include a “toll” of 100% on the time left to retire, according to the City Council.
Impact
The sanction ends a cycle of debates that began in the first half of 2025 and aligns the capital’s Own Social Security Regime (RPPS) with the rules of Constitutional Amendment No. 103/2019.
The approval of the matter advanced in the Chamber at the beginning of November, when the favorable opinions were voted, under the argument of guaranteeing “financial sustainability” and protecting the future payment of the 2.3 million inhabitants indirectly affected by the city’s budget, according to the Chamber.
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With the publication of the law, City Hall plans to increase the fund’s financial surplus to R$1.1 billion in the coming years, freeing up Treasury resources that would necessarily be drained to cover the pension gap.
