XML 266 R29.htm IDEA: XBRL DOCUMENT
v3.20.1

23 Post-Employment Benefits | 12 Months Ended
--- | ---
Dec. 31, 2019
Postemployment Benefits [Abstract] |
Post-Employment Benefits | 23 Post-employment Benefits The Company sponsors private retirement and pension plans (Unified Plan and Plan III) and Healthcare Plan for medical and dental care ("ProSaúde II" and "ProSaúde III" Plans) for their active employees and their legal dependents. The lifetime sponsorship of the Healthcare Plan for retirees, pensioners and legal dependents is only applied to "Prosaúde II" plan participants. The amounts of these actuarial obligations (contributions, costs, liabilities, and/or assets) are calculated annually by an independent actuary at year end. The benefits plan assets are measured at market values (mark-to-market). The amount of the net assistance liability is recognized at the present value of the actuarial liability, less the fair value of the plan assets. Under the projected credit unit method adopted, each year of service triggers an additional benefit unit, which are added up to determine the final liability. Other actuarial assumptions are used, which take into account biometric and economic tables in addition to historical data from the benefits plans, obtained from the manager of these plans, Fundação Copel de Previdência e Assistência Social. Actuarial gains or losses caused by changes in assumptions and/or actuarial adjustments are recognized in other comprehensive income. 23.1 Pension plan The Unified Plan is a Defined Benefit plan - BD in which the income is predetermined, according to each individual's salary. This plan is closed for new participants since 1998. The Plan III is a Variable Contribution plan - CV, being the only plan available for new participants. The costs assumed by the sponsors for these plans are recognized according to the actuarial evaluation prepared annually by independent actuaries in accordance with IAS 19 and IFRIC 14. The economic and financial assumptions for purposes of the actuarial valuation are discussed with the independent actuaries and approved by the Company's Management. 23.2 Helathcare Plan The Company allocate resources for the coverage of healthcare expenses incurred by their employees and their dependents, within rules, limits and conditions set in "ProSaúde II" and "ProSaúde III" Plans' regulations. Coverage includes periodic medical exams in both plans and is extended to all retirees and pensioners for life only in the "ProSaúde II" plan. 23.3 Balance sheet and statement of income Amounts recognized in liabilities, under Post-employment benefits, are summarized below:
| 12.31.2019 | 12.31.2018
Pension plans | 1,537 | 1,149
Healthcare plans | 1,193,399 | 967,614
| 1,194,936 | 968,763
Current | 66,004 | 58,478
Noncurrent | 1,128,932 | 910,285
Amounts recognized in the statement of income are shown below:
| 12.31.2019 | 12.31.2018 | 12.31.2017
Employees |  |  |
Pension plans | 72,067 | 78,209 | 78,680
Healthcare plan - post employment | 99,578 | 97,866 | 97,511
Healthcare plan - active employees | 87,515 | 86,580 | 81,617
(-) Transfers to construction in progress | (22,394) | (20,630) | (21,901)
| 236,766 | 242,025 | 235,907
Management |  |  |
Pension plans | 1,450 | 1,598 | 1,500
Healthcare plan | 110 | 127 | 190
| 1,560 | 1,725 | 1,690
| 238,326 | 243,750 | 237,597
23.4 Changes in post-employment benefits
Balance as of January 1, 2018 | 866,103
Appropriation of actuarial calculation | 97,900
Appropriation of pension and healthcare contributions | 151,215
Adjustment related to actuarial gains (loss) | 58,354
Amortizations | (204,809)
Balance as of December 31, 2018 | 968,763
Appropriation of actuarial calculation | 99,578
Appropriation of pension and healthcare contributions | 138,974
Adjustment related to actuarial gains | 186,628
Amortizations | (199,007)
Balance as of December 31, 2019 | 1,194,936
23.5 Actuarial valuation in accordance with IAS 19 23.5.1 Actuarial assumptions The actuarial assumptions used to determine the amounts of liabilities and costs for 2019 and 2018 are shown below:
|  | 2019 |  | 2018
| Real | Nominal | Real | Nominal
Economic |  |  |  |
Inflation p.y. | - | 2.90% | - | 4.00%
Expected rate of discount/return p.y. |  |  |  |
Unified Plan - Defined Benefit | 3.05% | 6.04% | 4.60% | 8.78%
Unified Plan - Balance | 3.20% | 6.19% | 4.60% | 8.78%
Plan III | 3.20% | 6.19% | 4.60% | 8.78%
Assistance Plan | 3.30% | 6.30% | 4.60% | 8.78%
Salary growth |  |  |  |
Unified Plan p.y. | 1.00% | 3.93% | 2.00% | 6.08%
Plan III p.y. | 1.50% | 4.44% | 1.50% | 5.56%
Demographic |  |  |  |
Mortality Table |  | AT - 2000 |  | AT - 2000
Mortality table of individuals with permanent disability |  | WINKLEVOSS |  | WINKLEVOSS
Table of new disability benef it vested |  | TASA 1927 |  | TASA 1927
23.5.2 Number of participants and beneficiaries
| Social Security Plans |  |
| Unified Plan | Plan III | Assistance Plan
| 12.31.2019 | 12.31.2018 | 12.31.2019 | 12.31.2018 | 12.31.2019 | 12.31.2018
Number of active participants | 27 | 33 | 7,647 | 8,180 | 6,963 | 7,427
Number of Inactive participants | 4,337 | 4,368 | 4,324 | 3,843 | 8,433 | 8,174
Number of dependent people | - | - | - | - | 22,183 | 22,472
Total | 4,364 | 4,401 | 11,971 | 12,023 | 37,579 | 38,073
23.5.3 Life expectancy after the average age of participants - Annuity Table AT-2000 (in years)
| Unified Plan | Plan III
As of 12.31.2019 |  |
Retired participants | 13.13 | 25.84
Pensioner participants | 8.40 | 25.84
As of 12.31.2018 |  |
Retired participants | 14.37 | 22.74
Pensioner participants | 15.68 | 27.21
The average age of inactive participants of the healthcare and pension plans of the Company is 66.6 and 65.9 years, respectively. 23.5.4 Actuarial evaluation Based on the revision of the assumptions, the amounts of the Unified Plan and Plan III as of December 31, 2019 totaled surplus of R$ 908,294 and R$ 91,218, respectively and surplus of R$ 376,077 and R$ 32,732, respectively as of December 31, 2018. Applicable ruling legislation does not allow any significant reduction in contributions or refunds to the Company based on the current surplus of these plans. For this reason, the Company did not record assets in its balance sheet as of December 31, 2019, reflecting any right to reduce contributions, refund of surplus or other amounts.
| Unified Plan | Plan III | Assistance Plan | 12.31.2019 | 12.31.2018
Total liabilities or partially covered | 6,638,462 | 3,046,536 | 1,389,610 | 11,074,608 | 9,201,030
Fair value of the plan assets | (7,546,756) | (3,137,754) | (196,211) | (10,880,721) | (8,642,068)
Plan coverage status | (908,294) | (91,218) | 1,193,399 | 193,887 | 558,962
Unrecognized asset | 908,294 | 91,218 | - | 999,512 | 408,652
| - | - | 1,193,399 | 1,193,399 | 967,614
The Company adjusted their assistance liabilities through the actuarial report issued on December 31, 2019, when an actuarial gain of R$ 186,629 (R$ 58,354 on December, 2018) was recorded in other comprehensive income, corresponding to an increase ascertained on that base date. 23.5.5 Changes in actuarial liabilities
| Unified Plan | Plan III | Assistance Plan
Present value of net actuarial obligations as of January 1, 2017 | 4,951,078 | 1,565,121 | 933,914
Cost of services | 329 | 10,502 | 9,225
Cost of interest | 563,257 | 176,878 | 105,987
Benefits paid | (406,023) | (122,841) | (7)
Actuarial (gain) losses | 244,253 | 104,908 | (13,162)
Present value of net actuarial obligations as of December 31, 2017 | 5,352,894 | 1,734,568 | 1,035,957
Cost of services | 589 | 9,604 | 11,633
Cost of interest | 533,201 | 195,991 | 102,916
Benefits paid | (414,256) | (133,281) | (7)
Actuarial (gain) losses | 442,336 | 338,779 | (9,894)
Present value of net actuarial obligations as of December 31, 2018 | 5,914,764 | 2,145,661 | 1,140,605
Cost of services | 560 | 4,098 | 14,306
Cost of interest | 477,732 | 128,075 | 106,004
Benefits paid | (435,454) | (174,427) | (30)
Actuarial (gain) losses | 680,860 | 943,129 | 128,725
Present value of net actuarial obligations as of December 31, 2019 | 6,638,462 | 3,046,536 | 1,389,610
23.5.6 Changes in actuarial assets
| Unified Plan | Plan III | Assistance Plan
Fair value of the Plan's assets as of January 1, 2017 | 5,478,802 | 1,793,516 | 165,301
Return estimated for assets | 546,699 | 202,691 | 23,934
Contributions and distributions | 30,520 | 10,505 | -
Benefits paid | (406,023) | (122,841) | -
Actuarial gain (losses) | 184,574 | (62,816) | (18,312)
Fair value of the Plan's assets as of December 31, 2017 | 5,834,572 | 1,821,055 | 170,923
Return estimated for assets | 593,572 | 230,703 | 16,579
Contributions and distributions | 24,011 | 9,184 | -
Benefits paid | (414,256) | (133,281) | -
Actuarial gain (losses) | 252,942 | 250,575 | (14,511)
Fair value of the Plan's assets as of December 31, 2018 | 6,290,841 | 2,178,236 | 172,991
Return estimated for assets | 685,685 | 337,476 | 51,541
Contributions and distributions | 23,851 | 4,185 | -
Benefits paid | (435,454) | (174,427) | -
Actuarial gain (losses) | 981,833 | 792,284 | (28,321)
Fair value of the Plan's assets as of December 31, 2019 | 7,546,756 | 3,137,754 | 196,211
23.5.7 Estimated costs The estimated net periodic plan costs (gains) for 2020 for each plan are shown below:
| Unified Plan | Plan III | Assistance Plan
Cost of current service | 765 | 4,037 | 20,854
Estimated cost of interest | 405,370 | 183,865 | 85,561
Expected return on plan assets | (449,905) | (183,026) | (12,066)
Expected employee contributions | (187) | (2,018) | -
Costs (income or loss) | (43,957) | 2,858 | 94,349
23.5.8 Sensitivity Analysis The following tables set out a sensitivity analysis, which shows the effect of a one percent increase or decrease in the assumed care costs, in the aggregate of the cost of service and cost of interest components and the accumulated post-employment benefit obligation.
| Projected scenarios
| Increase by 1% | Decrease in 1%
Sensitivity of long-term interest rate |  |
Impacts on the obligations of the pension | (249,719) | 253,420
Impacts on the obligations of healthcare program | (120,756) | 122,130
Sensitivity of growth rate of the medical costs |  |
Impacts on the obligations of healthcare program | 96,823 | (90,471)
Impact on cost of service for the following financial year of healthcare program | 1,439 | (1,344)
Sensitivity of the service cost |  |
Impacts on the obligations of the pension | 39 | (40)
Impacts on the obligations of healthcare program | 1,788 | (1,808)
23.5.9 Benefits payable The estimated benefits to be paid by the Company in the next five years and the total benefits for the following fiscal years are shown below:
| Unified Plan | Plan III | Assistance Plan | Total
2020 | 429,228 | 158,427 | 82,813 | 670,468
2021 | 418,133 | 154,433 | 86,125 | 658,691
2022 | 406,885 | 149,999 | 85,451 | 642,335
2023 | 395,134 | 145,567 | 83,826 | 624,527
2024 | 383,511 | 141,302 | 81,965 | 606,778
2025 a 2049 | 4,016,371 | 2,011,843 | 1,091,223 | 7,119,437
23.5.10 Asset allocation and investment strategy The asset allocation for the Company pension and healthcare plans at the end of 2019 and the allocation goal for 2020, by asset category, are shown below:
| Goal for 2020 | 2019
Fixed income | 70.4% | 82.2%
Variable income | 9.1% | 7.8%
Loans | 1.6% | 1.6%
Real estate | 7.2% | 1.4%
Investment structuring | 8.9% | 7.1%
Investments abroad | 2.8% | 0.0%
| 100.0% | 100.0%
In addition, information on the allocation of assets of pension plans sponsored by the Company:
| Unified Plan | Plan III
| target (%)(*) | minimum (%) | target (%) | minimum (%)
Fixed income | 86.5% | 55.0% | 51.0% | 23.0%
Variable income | 5.0% | 1.0% | 14.0% | 8.0%
Loans | 0.5% | 0.0% | 3.0% | 1.0%
Real estate | 5.0% | 1.0% | 10.0% | 0.0%
Investment structuring | 3.0% | 0.0% | 16.0% | 0.0%
Investments abroad | 0.0% | 0.0% | 6.0% | 0.0%
(*) Target based on the total investment of each plan.
Management of Fundação Copel decided to keep a more conservative approach investing in variable income in relation to the allowed legal limit, which is 70%.
As of December 31, 2019, and 2018, the pension plan assets included the following securities issued by Copel:
| Unified Plan | Plan III
| 12.31.2019 | 12.31.2018 | 12.31.2019 | 12.31.2018
Debentures | - | - | - | 4,166
Shares | - | 5 | - | 13
| - | 5 | - | 4,179
23.5.11 Additional information The Company made contributions to Plan III (variable contribution plan) for all active employees at December 31, 2019 and 2018, in the amounts of R$ 70,564 and R$ 77,797, respectively.

X
- References No definition available. + Details
Name: | elp_PostemploymentBenefitsAbstract
Namespace Prefix: | elp_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for employee benefits. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 19 -IssueDate 2019-01-01 -Section Scope -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=19&code=ifrs-tx-2019-en-r&doctype=Standard&dita_xref=IAS19_g2-7_TI -URIDate 2019-03-27 + Details
Name: | ifrs-full_DisclosureOfEmployeeBenefitsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration