Equity exceeds R$ 100 billion
PREVI's total funds reached the historical total of R$106.0 billion at the end of 2006 (R$ 83.1 billion in 2005). According to data from the Brazilian Association of Closed Complementary Pension Entities (Associação Brasileira das Entidades Fechadas de Previdência Complementar - Abrapp), it is estimated that, in November/2006, the total net worth of the Brazilian pension funds would reach close to R$ 342.9 billion. In other words, PREVI alone detains approximately 30% of the total funds' resources. Of PREVI's total equity, R$ 105.2 billion are relative to Benefit Plan 1, R$ 636.8 million belong to PREVI Futuro, and R$ 151.6 million to Capec.
To guarantee the payment of the benefits, the investment of the contributions entrusted to PREVI by the associates and by the sponsor must reach adequate profitability. The parameter used up until 2006 was the variation of the actuarial index (INPC + 6%a.a.), also used to correct the commitments.
