| Summary: | Despite still being a young country, starting a process of aging, the spending on social security in Brazil as a
proportion of PIB is high, such as more demographically mature societies. Some researchers justify the high cost of the
pension system as reductor of two factors: (a) the distributive character of the Brazilian social security, being
instrumental in reducing individual and family poverty and (b) the broad scope and coverage of its pension system. In
fact, the effectiveness of security as a reduction of poverty was relevant until 2002, but it lost efficiency thereafter.
Analyzing the data available in National Household Sample Survey (PNAD/IBGE), it turns out that children, youth and
young adults have low pension coverage directly and they are also the most affected groups by poverty and extreme
poverty in Brazil. The low coverage for these groups is one of the reasons why the instrument has lost force in the fight
against poverty and extreme poverty. The research aims to contribute to the debate on the Brazilian social security
system, pointing out the way to follow for the construction of specific public policies for children, youth and young
adults in Brazil.
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