Economist Paulo Fontoura Valle is Secretary of the National Treasury | Photo: Pedro França / Senate Agency
The government plans to launch an investment bond for retirement in 2022, National Treasury Secretary Paulo Valle told Estadão newspaper in an article published on Monday (27). In the “Treasury Direct-Previdência”, the investment will be accumulated for 30 or 40 years and the investor will receive the payment of interest and principal after this period, monthly, as if it were a retirement.
The newspaper claims that this way investors will know how many bonds they will need to buy to have a retirement of, say, R $ 5,000 per month for 20 years. “Today the pension market talks a lot about profitability. It is not clear what the savers will have. We have to target the income,” Valle said in an interview with Estadão.