The STF decides on the lifetime review of the INSS, Lewandowski takes over as Minister of Justice, and Vale discusses the appointment of a new president

BRAZIL POLITICS - Report 29 Jan 2024 by Murillo de Aragão and Cristiano Noronha

The Supreme Federal Court (STF) is expected to adjudicate an appeal submitted by the Attorney General's Office (AGU) against a decision that recognized the right of retirees to opt for the application of the most beneficial rule in calculating the retirement benefit (lifetime review of the INSS). The impact of complying with the decision is estimated at R$ 480 billion in the 2024 Budgetary Guidelines Law (LDO). On Thursday, February 1, President Lula (PT) will swear in former STF Justice Ricardo Lewandowski at the Ministry of Justice and Public Security. Vale's Board of Directors meets to discuss the company's management. This topic has caused noise in the market over the last few weeks.

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