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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.479

+6.0%

Jan 16 3:59 PM EST

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To: Steve Fancy who wrote (15425)	5/20/1999 3:05:00 PM
From: wl9839	Read Replies (1) of 22640

Ornélas defends minimum age for retirement Rio de Janeiro, 20 - Welfare minister, Walter Ornélas, said this Thursday at a forum taking place in the National Development Bank (BNDES) that is he in favor that minimum ages for concession of retirement pensions for time of contribution be fixed at 60 for men and 55 for women in additional rules being prepared to the Social Security reform. Ornélas informed that Congress should receive complementary rules for the private sector before the end of the first half of the year. Additional rules for the public sector should be submitted to legislators by the second half of 1999. (By Gustavo Alves) Copyright © 1996 Agência Estado. All Rights Reserved.

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