Key Facts
—The closure. The Supreme Court published the final judgment on July 9, ending an eleven-year case with no further appeal possible.
—The government’s number. The federal government estimated the revision could cost R$480bn ($93.2bn), on a scenario in which every eligible retiree recalculated.
—The other number. Pension lawyers tracking the case put the realistic cost near R$3bn ($582m), a gap of about one hundred and sixty times.
—The scale. The INSS pays 24.3 million pensions and injects R$47.4bn ($9.2bn) into the economy every month.
