The Brazilian Pension Funds Authority (PREVIC) took part in the Paraná regional launch of the Mixed Parliamentary Front for Strengthening Closed Supplementary Pension Entities, reaffirming support for Brazil’s closed supplementary pension regime. The event, held at the Legislative Assembly of Paraná on 29 September, was the front’s first regional meeting after its national launch in August at the Chamber of Deputies. PREVIC superintendent Ricardo Pena highlighted that around 180 bills are currently moving through the National Congress, most of them tax-related, and warned that many proposals could be regressive for participants’ rights. The Ministry of Social Security’s Paulo Roberto dos Santos Pinto referenced measures in the sector’s rebuilding process including automatic enrolment, new rules for sponsor withdrawal, and revisions to accounting methodology allowing securities to be valued at maturity, as well as legislative outcomes linked to tax reform that avoided pension taxation and enabled beneficiaries to choose the tax regime when receiving benefits. Paraná has 15 supplementary pension entities covering more than 150,000 people, while industry and participant representatives used the launch to argue for broader coverage, improved pension education, and greater transparency and participant representation. The parliamentary front is positioned as a cross-party platform and is expected to continue holding regional events to support legislative engagement on the closed supplementary pension sector.

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