Brazilian Pension Funds Authority (PREVIC) has launched a short survey of 50 closed supplementary pension entities that were eligible to use an exceptional extension to the deadline for addressing funding deficits relating to 2022, as part of a study on the measure’s effects. The exercise relates to National Council of Complementary Pension (CNPC) Resolution No. 58/2023, which provided the exceptional extension. The questionnaire asks whether the entity used the extended deadline for deficit recovery linked to the 2022 financial year and is intended to support PREVIC’s Regulatory Outcome Evaluation (ARR) of the resolution, including whether the measure achieved its intended purpose and its impacts on the closed pension system and society. Participating entities received Circular Letter No. 11/2026 with guidance and a link to the electronic form. Responses are due by 13 March.
Brazilian Pension Funds Authority (PREVIC) 2026-02-27
Brazilian Pension Funds Authority surveys 50 closed pension entities on use of extended deadline to remedy 2022 deficits
The Brazilian Pension Funds Authority (PREVIC) initiated a survey of 50 closed supplementary pension entities to assess the impact of an exceptional extension for addressing 2022 funding deficits, as outlined in CNPC Resolution No. 58/2023. The survey aims to evaluate the resolution's effectiveness and its broader impacts on the pension system and society. Participating entities received guidance via Circular Letter No. 11/2026.