Our partner Flavio Martins Rodrigues talked to Valor Econômico about the new ordinance from the National Superintendence of Supplementary Pensions (Previc) that establishes updated criteria for analysing the creation of new closed supplementary pension entities (EFPC) and benefit plans.

The report highlights that the text deals with aspects such as financial, social security and administrative viability and suggests the incorporation of plans when there are few beneficiaries.

The ordinance regulates Previc Resolution 23/2023, which indicates the need for ‘criteria and parameters’ for assessing feasibility studies. The requirement for these studies is also laid down in the Resolutions of the National Council for Supplementary Pensions (CNPC).

According to Flavio, the rigour of creating new entities and plans protects participants from very high administration fees. He also explained to the newspaper that the structure of a pension plan is based on accumulation, minus the administrative fee.

Check out the full article here.