May 3, 2017 / 11:30 PM / a year ago

Brazil lower house committee approves pension reform

BRASILIA, May 3 (Reuters) - President Michel Temer’s proposal to reform Brazil’s costly social security system was approved by a congressional committee on Wednesday, clearing the way for what are expected to be two tough floor votes in the lower house this month.

The committee voted 23-14 to approve the unpopular constitutional amendment that would make Brazilians work longer and reduce some pension benefits to plug a widening budget deficit at the root of the country’s worst recession ever. (Reporting by Anthony Boadle; Editing by Sandra Maler)

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