January 24 is Social Security

January 24 is Social Security Day in Brazil, a date that honors the creation of the social security system in the country and highlights the importance of social security for the social protection of workers. The date was chosen in reference to the signing of the Eloy Chaves Law on January 24, 1923, which established the Retirement and Pension Fund, a milestone in the history of Brazilian social security.
Social security, which aims to guarantee the financial security of workers and their families in cases of retirement, disability, illness, and other social risks, is one of the main public social protection policies in Brazil. The system has evolved over the years and is currently administered by the National Institute of Social Security (INSS), which offers a wide range of benefits to Brazilian workers.
On this day, several activities and events are held to promote awareness of social security rights and the importance of social security for the population. It is also a time to reflect on the challenges faced by social security in Brazil, including issues related to the sustainability of the system and the inclusion of informal workers.
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