TCU raised concerns about the fund’s governance and approved an audit at the entity
PREVI, Banco do Brasil’s pension fund, manifested itself in relation to the audit approved by the Federal Court of Audit (TCU), which identified a deficit of R $ 14 billion. The entity ensures that there is no financial risk and that the responsibility for inspection falls on Previc. The TCU has raised concerns about Previ’s governance, suggesting the need to identify potential risks, especially in the light of problems faced by other state pension funds.
Previ, which manages an amount of R $ 270 billion in investments, ensures that its financial plans remain balanced and that there is no forecast of extraordinary contributions. The entity emphasizes that the deficit should not be interpreted as a loss and that by 2024 it was not necessary to settle assets to meet its financial obligations. ABRAPP, which represents the supplementary pension entities, also positioned itself against the statements of the TCU, defending the robustness of the Social Security System.
State pension funds have a history of facing challenges related to management and political influence, with cases of corruption that impacted their operations. Previ reaffirms its commitment to provide information and collaborate with audits, seeking transparency and confidence in its administration.
*Report produced with the aid of AI
Posted by Fernando Dias
