EMPLOYEE BENEFIT PLANS (Tables)

12 Months Ended

Dec. 31, 2024

Disclosure of information about defined benefit plans [abstract]

Schedule of changes in actuarial liabilities

The roll-forward of actuarial liabilities prepared based on actuarial report is set forth below:


	12/31/2024	12/31/2023
Opening balance	833,683	691,424
Interest on actuarial liabilities	73,853	67,272
Current service cost	1,997	1,959
Actuarial loss – experience	(125)	57,765
Actuarial loss (gain) – financial assumptions	(137,649)	70,762
Benefits paid directly by entity	(50,199)	(55,499)
Closing balance	721,560	833,683

Schedule of key actuarial economic and biometric assumptions used in the calculations of liability

21.2.4 Economic actuarial assumptions and biometric data

12/31/2024

12/31/2023

Economic

Nominal discount rate – medical assistance and life insurance

11.16% p.a.

9.14% p.a.

Medical cost growth rate

6.86% p.a.

Nominal inflation

3.50% p.a.

Aging factor

0 to 24 years: 1.50% p.a.

25 to 54 years: 2.50% p.a.

55 to 79 years: 4.50% p.a.

Above 80 years: 2.50% p.a.

Biometric

Table of general mortality

AT-2000

Table of mortality of disabled persons

IAPB 57

Turnover

1.00% p.a.

Other

Retirement age

65 years

Family composition

Men 4 years + older

and 90% married

Permanency in the plan

100%

Summary of sensitivity analysis of actuarial liabilities

The sensitivity analysis regarding the relevant assumptions of the plans show the impact on the liability balance:

Discount rate

Medical costs growth rate

+0.50%

691,494

+1.00%

788,124

Schedule of expected benefit obligation payments for future years

The expected benefit payments for future years (ten years), from the obligation of benefits granted and the average duration of the plan obligations are as set forth below:


Payments						Medical assistance and life insurance
2025						53,601
2026						57,267
2027						60,995
2028						64,862
2029						68,645
2029 to 2034						397,704