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Rio Assembly Delays Bill to Divert Oil Royalties From Pension Fund After 113 Amendments

Facing 113 amendments following large protests, the assembly returned the proposal to committees for review.

Overview

  • Bill 6,035/2025 would authorize using oil royalties and special participations currently allocated to Rioprevidência to pay the state’s debt to the federal government through compensation for past state transfers, net of R$4.9 billion already moved in 2024.
  • Roughly 1,500 public servants, retirees and pensioners demonstrated at the Alerj galleries and outside the building to pressure lawmakers to protect the pension fund.
  • The draft limits any retention to situations where Rioprevidência can cover its pension obligations and confines the redirected resources strictly to paying the Union debt.
  • The government and the bill’s rapporteur argue the measure is needed to stabilize finances and keep services running, citing a projected 2026 shortfall of R$18.94 billion and possible federal relief via a Supreme Court injunction and the Propag program.
  • Opposition legislators filed dozens of amendments, committees issued split opinions, and Deputy Carlos Minc signaled he will pursue a constitutional challenge if the measure is enacted.