In an article published on the Editora Roncarati website, our lawyers Gabriel L. and Larissa K. Vieira Bosco analyse Previc Ordinance 257, published by the National Supplementary Pension Superintendence (Previc) on 19 March, which regulates the feasibility assessment for licensing new closed supplementary pension entities (EFPC) and new benefit plans.

According to the authors, the new ordinance represents another stage in the consolidation and modernisation effort that began with Previc Resolution 23, later amended by Previc Resolution 25, which brought important updates regarding automatic adhesion, withdrawal of sponsorship and conciliation and mediation.

Larissa and Gabriel emphasise that Previc Ordinance 257 sets out the specific criteria that must be observed when preparing the feasibility study, based on information projected for a period of ten years, or one year in the case of spin-off or migration operations.
‘The publication of Previc Ordinance 257 brought rules that ensure transparency in the criteria for analysing the agency. The rule also provides guidance for agents in the Supplementary Pension Scheme with regard to the quantitative parameters for assessing the viability of creating entities and benefit plans. This is a mechanism for ensuring legal certainty, determining predictability in the exercise of Previc’s supervisory function. It is therefore an important milestone in terms of transparency and legal certainty,’ they say.

Check out the full detailed analysis in the article: https://lnkd.in/dRi3JSAX