Brazil: Information Changes for Complementary Pensions

Brazil: Information Changes for Complementary Pensions

Arrangements for the submission of information required for calculating the duration of plan liabilities and pricing adjustments required by Resolution CNPC No. 30 and Instruction Previc No. 10, have been published (Portuguese) by Previc, Brazil’s supervisory authority for complementary pensions.

The required information is based on the pension plan’s previous financial year’s results and the consequent actuarial valuations. One of the more significant changes requires pension plans to transfer the required information using the VENTURO system.

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