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Young wives, Viagra drain pension system
The Australian ^ | August 19, 2009

Posted on 08/18/2009 5:36:26 PM PDT by NCjim

THE widespread tendency in Brazil for men to remarry women several decades younger than them, called the "Viagra effect", is undermining the country's pension system.

The report, by Brazil's National Social Security Institute, showed that a trend of men in their sixties marrying women half their age was leaving a big pool of young widows collecting benefits for much longer than anticipated.

"The social security system was planned so that the wife receives her husband's pension for only 15 years or so," the author of the study, Paulo Tafner, said.

"With growing life expectancy and remarriages with much younger women, benefits today stretch out over 35 years.

He said the younger-wife phenomenon was commonly called the "Viagra effect".

But he noted that in fact the trend started in the 1970s - well before the advent of the little blue pill that has since the mid-1990s helped men carry their sex lives well into old age.

According to the INSS report, two out of three men who are separated remarry, while only one out of three separated women find a new husband.

Of the separated men, 64 per cent of those aged over 50 remarry women younger than them.

In the 60-64 age range, the proportion is 69 per cent.

And the marked preference is for women aged 30 years and younger.

Brazil has a mixed public-private pensions system.

Those in the public system receive the equivalent of their salary after retirement, while those with private funds receive a maximum of $US1800 ($2180) a month.

Under current laws, when a retired man dies, his wife continues to receive his full pension until her own death.

According to the INSS, 94 per cent of pensions go to women.

(Excerpt) Read more at theaustralian.news.com.au ...


TOPICS: Society
KEYWORDS: brazil; seniors; socialsecurity; viagra
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1 posted on 08/18/2009 5:36:26 PM PDT by NCjim
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To: NCjim

Looking at it from the women’s perspective, if they marry an old pensioner, they get a guaranteed income for life. The incentive would be to marry an old guy.


2 posted on 08/18/2009 5:39:32 PM PDT by PapaBear3625 (Public healthcare looks like it will work as well as public housing did.)
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To: NCjim

This has got to be hard on the system.


3 posted on 08/18/2009 5:40:07 PM PDT by mylife (The roar of the masses could be farts)
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To: NCjim

That’s my plan. I’ll be signing up for survivor benefits and hoping Mrs. ASA Vet lives a long long time after I’ve checked out.


4 posted on 08/18/2009 5:40:15 PM PDT by ASA Vet (Everyone signing up after Nov 28, 1997 is a newbie.)
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To: NCjim

I think this is what Mohammad was up to when he married the nine year old.


5 posted on 08/18/2009 5:42:53 PM PDT by spyone (ridiculum)
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To: NCjim

don’t worry. obamacare is “scalable.”


6 posted on 08/18/2009 5:44:33 PM PDT by the invisib1e hand (this slope is getting slippereeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee...)
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To: spyone

Not what Mohammad was up to but what the 9 year old’s mother was up to, or maybe Abu Bakr’s crony 30 years later when he needed to prove descent from the Prophet ~ so they created a fictional marriage and stuck it in the Hadiths.


7 posted on 08/18/2009 5:46:31 PM PDT by muawiyah
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To: NCjim

8 posted on 08/18/2009 5:52:49 PM PDT by o2bfree (This president is giving me a headache!)
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To: NCjim

An old man was 89-years-old and he wanted to marry a 24
year old girl. His son told him, “You can’t marry a 24-year-old
girl.” He said, “Why not?” The son said, “If you marry a
24-year-old girl, you’ll have to have sex with her and that
could be fatal!”

He thought about it a moment, shrugged his shoulders and
said, “Well if she dies, she dies.”


9 posted on 08/18/2009 6:01:20 PM PDT by Yo-Yo
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To: PapaBear3625

It’s the pension, not the Viagra, that’s the attraction.


10 posted on 08/18/2009 6:04:47 PM PDT by CaptainK (...please make it stop. Shake a can of pennies at it.)
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To: NCjim
US Civil War veterans did this sort of thing all the time. The last Confederate widow whose marriage produced offspring died in 2004. The last Confederate widow without offspring died in 2008.

The equivalent would be paying a the widow of a veteran in today's army benefits until the year 2152.
11 posted on 08/18/2009 6:08:45 PM PDT by VisualizeSmallerGovernment
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To: Yo-Yo

I’ve used that joke myself, but I end it with, “Oh well, if she dies, she has a younger sister.”


12 posted on 08/18/2009 6:12:49 PM PDT by ASA Vet (Everyone signing up after Nov 28, 1997 is a newbie.)
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To: NCjim

In the US, where pension annuities are sold by the private sector, the price of the annuity, and/or the amount of the survivor benefit, are adjusted to compensate for spousal age differences. That’s because the private sector can do math.


13 posted on 08/18/2009 6:22:26 PM PDT by 3niner (When Obama succeeds, America fails.)
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To: NCjim
The report, by Brazil's National Social Security Institute, showed that a trend of men in their sixties marrying women half their age was leaving a big pool of young widows collecting benefits for much longer than anticipated.

Gee, this 65 year young Seasoned Citizen thinks he should start looking into relocating to the land of Down Under

Free viagra and the prospects of a young bride?

What more could an ol fart want, other than the new not-so-blushing bride owning a bar or liquor store? lol

14 posted on 08/18/2009 6:43:22 PM PDT by Conservative Vermont Vet ((One of ONLY 37 Conservatives in the People's Republic of Vermont. Socialists and Progressives All))
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To: Conservative Vermont Vet

[quote]
The last Confederate widow without offspring died in 2008
[/quote]

Assuming she was 12 in 1866, she would have been born in 1854. That would put her at 154.

Not happening, sorry.


15 posted on 08/18/2009 8:13:43 PM PDT by BenKenobi
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To: BenKenobi

Perhaps you mean the last child born to a confederate widow?

If the youngest widow was born in 1854, and she had her child at 45, her child would have been born in 1899, and would have been 109, which is about right.


16 posted on 08/18/2009 8:15:48 PM PDT by BenKenobi
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To: NCjim

...among other things.


17 posted on 08/18/2009 8:16:44 PM PDT by RichInOC (No! BAD Rich! (What'd I say?))
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To: BenKenobi

She was young when she married an elderly Confederate vet.

In 1934, 19 year old Maudie Acklin married William M. Cantrell, the 86 year old man she had been keeping house for. He died 3 years later, leaving her the house and 200 acres, and very few stories about his participation in the Civil War.

Cantrell was born in 1847 in Virginia and enlisted, at the age of 16, in French’s Battalion which was then in Pikeville, KY. On 15 April 1863, not long after he enlisted, he and about 90 other men were captured and sent to Camp Chase, OH. On 13 May 1863 he was ordered to be exchanged. After the war, he married. The 1870 census shows him and his wife Matilda C., and a 4 year old child named Alexander Crabtree, living in Floyd County, KY. He is listed as a farmer but 10 years later he and his wife are both listed as artists and still living in Floyd County. By 1900, they were living in Matney, Baxter County, AR. Other than young Alexander Crabtree, no children are present in their home during these censuses. Matilda died in 1929, and the aging William hired a young girl, Maudie Acklin (also from Baxter County) to keep house for him. Four years later, when she was 19 and he was 86, they married. She never told many people about their marriage because of local gossip concerning their age difference. He died in 1937 and she remarried twice.


18 posted on 08/18/2009 8:25:00 PM PDT by kalee (01/20/13 The end of an error.... Obama even worse than Carter.)
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To: NCjim

I think I need to bone up on Portuguese...


19 posted on 08/19/2009 5:29:02 AM PDT by spankalib
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To: kalee

Very interesting! Thank you. I learned something. :)


20 posted on 08/21/2009 5:46:09 PM PDT by BenKenobi
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