Cndl system: New pension plan is key to resumption of growth

The National Confederation of Shopkeepers (CNDL), the main representative entity of the national retail sector, comes to the public to express support for the new welfare proposal, presented to the National Congress on Wednesday (20). CNDL administers the Credit protection Service (SPC Brazil) and its mission is to defend and strengthen the free enterprise. It acts institutionally on behalf of 500,000 companies, which together represent more than 5% of the Brazilian GDP, generate 4.6 million jobs and invoice R $340 billion per year. "We understand that the main points of the project respond to the aspirations of the entire Brazilian society", evaluates José César da Costa, president of Cndl. The current welfare system is proven unfair, unequal and unsustainable, resulting in a breach of public safes that already exceeds R $290 billion. With the new rules it will be possible to obtain an economy of at least R $1 trillion with tax gains over the next ten years. One of the highlights of the project is the more egalitarian treatment for workers in the public and private sectors, including the other careers that should follow the same rules. Another positive point is a more equitable and proportional contribution to income, increasing the contribution of those who earn higher wages. We support the project to be discussed with seriousness and transparency by parliamentarians. We believe that the new welfare is the right way to regain confidence, increase investments and resume economic growth, in a sustainable way, for the whole country.

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