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SUPPLEMENTARY PENSION PLANS (Tables)
 12 Months Ended
Dec. 31, 2024
Supplementary Pension Plans  
Schedule of main assumptions
   
Risk factors On December 31
2024 2023
Nominal discount rate 3.50% - 10.94% p.a. 3.50% - 10.09% p.a.
Nominal rate of future salary increases 3.50% p.a. 3.50% p.a.
Nominal growth rate of social security benefits and plans 3.50% p.a. 3.50% p.a.
Initial rate of growth of medical costs 7.23% - 7.64% p.a. 7.54% - 7.64% p.a.
Inflation rate 3.50% p.a. 3.50% p.a.
Biometric table of overall mortality AT 2000 and BR-EMS AT 2000 and BR-EMS
Biometric table of entering disability Per plan Per plan
Expected turnover rate - -
Probability of entering retirement 100% in the 1ª eligibility to a benefit by the plan 100% in the 1ª eligibility to a benefit by the plan
Schedule of actuarial obligations of the benefit plans
       
  R$ thousands
Retirement Benefits Other post-employment benefits
Year ended on December 31 Year ended on December 31
2024 2023 2024 2023
(i) Projected benefit obligations:        
At the beginning of the year 2,794,954 2,740,903 857,347 800,535
Cost of current service 1,179 284 -   -  
Interest cost 249,162 252,694 78,223 75,344
Participant’s contribution 465 473 -   -  
Actuarial gain/(loss) (1) (218,019) 69,201 (65,504) 28,890
Transfers (278) 16,460 -   -  
Past service cost - plan changes -   (3,814) -   -  
Early elimination of obligations (1,284) (12,647) -   -  
Benefit paid (269,280) (268,600) (50,341) (47,422)
At the end of the year 2,556,899 2,794,954 819,725 857,347
         
(ii) Plan assets at fair value:        
At the beginning of the year 2,402,006 2,467,755 -   -  
Expected earnings 214,092 227,227 -   -  
Actuarial gain/(loss) (1) (125,943) (56,554) -   -  
Contributions received:     -   -  
- Employer 195,343 31,526 -   -  
- Employees 465 473 -   -  
Transfers (134) 16,460 -   -  
Early elimination of obligations -   (16,460) -   -  
Benefit paid (269,281) (268,421) -   -  
At the end of the year 2,416,548 2,402,006 -   -  
         
(iii) Changes in the unrecoverable surplus:        
At the beginning of the year 57,939 60,861 -   -  
Interest on the irrecoverable surplus 5,471 5,644 -   -  
Change in irrecoverable surplus (1) (1,200) (8,566) -   -  
At the end of the year 62,210 57,939 -   -  
         
(iv) Financed position:        
Deficit plans (2) 202,561 450,887 819,725 857,347
Net balance 202,561 450,887 819,725 857,347
(1) In the year ended December 31, 2024, the remeasurement effects recognized in Other Comprehensive Income, totaled R$87,297 thousand, (R$80,361 thousand in 2023), net of tax effects; and
(2) Bradesco and its subsidiaries, as sponsors of said plans, considering an economic and actuarial study, calculated their actuarial commitments and recognize in their financial statements the actuarial obligation due.
Schedule of net cost/(benefit) of the pension plans consolidated statement of income
   
  R$ - thousand
Year ended on December 31
2024 2023
Projected benefit obligations:    
Cost of service 977 241
Cost of interest on actuarial obligations 327,252 327,894
Expected earnings from the assets of the plan (214,085) (227,217)
Interest on irrecoverable surplus 5,469 5,642
Net cost/(benefit) of the pension plans 119,613 106,560
Schedule of maturity present value of defined benefit plans
   
  R$ thousands
Retirement Benefits Other post-employment benefits
Weighted average duration (years) 8.04 9.89
2025 269,765 60,069
2026 274,300 62,716
2027 278,241 66,421
2028 281,622 70,101
2029 284,459 74,179
After 2030 1,438,390 432,287
Schedule of assets of pension plans
           
  On December 31
Assets of the Alvorada Plan Assets of the Bradesco Plan Assets of the Kirton Plan
2024 2023 2024 2023 2024 2023
Asset categories            
Equities - - 4.9% 6.6% - -
Fixed income 95.2% 93.2% 90.5% 87.5% 100.0% 100.0%
Real estate 3.8% 4.9% 2.3% 2.1% - -
Other 1.0% 1.9% 2.3% 3.8% - -
Total 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Schedule of sensitivity analysis of the benefit plan obligations
       
Rate Discount rate/Medical inflation rate Sensitivity Analysis Effect on actuarial liabilities Effect on the present value of the obligations
Discount rate 11.57% - 11.94% Increase of 1 p.p. reduction (244,821)
Discount rate 9.57% - 9.94% Decrease of 1 p.p. increase 281,522
Medical Inflation 8.23% - 8.64% Increase of 1 p.p. increase 69,786
Medical Inflation 6.23% - 6.64% Decrease of 1 p.p. reduction (60,384)