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Private pension liabilities | 3 Months Ended | 12 Months Ended
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Mar. 31, 2020 | Dec. 31, 2019
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Private pension liabilities | 11. Private pension liabilities As of March 31, 2020, active plans are principally accumulation of financial resources through products PGBL and VGBL structured in the form of variable contribution, for the purpose of granting participants with returns based on the accumulated capital in the form of monthly withdraws for a certain term or temporary monthly withdraws. In this respect, such financial products represent investment contracts that have the legal form of private pension plans but which do not transfer insurance risk to the Group. Therefore, contributions received from participants are accounted for as liabilities and balance consists of the balance of the participant in the linked FIE at the reporting date (Note 4 (a)). a) Changes in the period
|  | Three months period ended March 31, |
|  | 2020 |  |  | 2019 |
As of January 1 |  |  | 3,759,090 |  |  |  | 16,059 |
Contributions received |  |  | 278,357 |  |  |  | 1,766 |
Transfer with third party plans |  |  | 1,636,370 |  |  |  | 31,777 |
Redemptions paid |  |  | (46,585 | ) |  |  | — |
Gain (loss) from FIE |  |  | (472,144 | ) |  |  | 324 |
As of March 31 |  |  | 5,155,088 |  |  |  | 49,926 |
Contributions invested in FIEs (Note 4 (a)) |  |  | 5,155,088 |  |  |  | 49,926 |
| 21. Private pension liabilities As of December 31, 2019, active plans are principally accumulation of financial resources through products PGBL and VGBL structured in the form of variable contribution, for the purpose of granting participants with returns based on the accumulated capital in the form of monthly withdraws for a certain term or temporary monthly withdraws. In this respect, such financial products represent investment contracts that have the legal form of private pension plans but which do not transfer insurance risk to the Group. Therefore, contributions received from participants are accounted for as liabilities and balance consists of the balance of the participant in the linked FIE at the reporting date (Note 7 (a)). Changes in the period
|  | 2019 |  |  | 2018 |
As of January 1 |  |  | 16,059 |  |  |  | — |
Contributions received |  |  | 609,639 |  |  |  | 16,059 |
Transfer with third party plans |  |  | 3,047,492 |  |  |  | — |
Withdraws |  |  | (20,153 | ) |  |  | — |
Interest received from FIE |  |  | 106,053 |  |  |  | — |
As of December 31 |  |  | 3,759,090 |  |  |  | 16,059 |
Contributions invested in FIEs |  |  | 3,759,090 |  |  |  | 16,059 |

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- Definition The disclosure of defined benefit plans. [Refer: Defined benefit plans [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 19 -IssueDate 2019-01-01 -Paragraph 138 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=19&code=ifrs-tx-2019-en-r&anchor=para_138&doctype=Standard -URIDate 2019-03-27 + Details
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- Definition Text Block [Abstract] + References No definition available. + Details
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Period Type: | duration