Death pensions in Brazil: an analysis of financial impact considering demographic variations on death pension in brazil's general social security regime
Demographic transition; Death pension; Mortality; Social Security; Family arrangements
Demographic transition refers to changes in fertility and mortality rates, from high to low levels, and with that there is a change in the age structure of the population. As a result, at the end of this process, there is an older population. But during the demographic transition there are also social changes, especially during the second demographic transition with effects on fertility, for example. The General Social Security System, as it is based on the pay-as-you-go financial system, is sensitive to demographic changes and therefore has to adapt periodically to meet its future obligations related to payments with benefits, such as the death pension, which guarantees an income to the dependents of the insured when he dies, as the class of dependents includes mostly children and spouses, it is expected that changes in fertility, mortality and nuptiality will affect the total expenditure with the granting of this benefit, so this study has for the purpose of estimating the future financial impact on pensions for death granted by the General Social Security System derived from changes in demographic variables. For this, the average burden of dependents generated by the insured person's death was calculated, in which it was found that variations in fertility, mortality and nuptiality modify how the pension expenditure is granted over the insured's ages.