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27. EMPLOYEE BENEFITS (Details 7)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Employee Benefits Details 7Abstract    
Actuarial financing method Projected unit credit Projected unit credit
Functional currency Real (R$) Real (R$)
Recognition of plan assets Fair value Fair value
Nominal discount rate Millennium Plan: 9.69% Plan 35%: 9.60% Supplementation: 9.59% Milenium Plan: 10.42% Plan 35%: 10.30% and Supplementation: 10.32%
Inflation rate 4.75% 5.00%
Nominal salary increase rate 5.80% 6.05%
Nominal benefit increase rate 4.75% 5.00%
Rate of return on investments Millennium Plan: 9.69% Plan 35%: 9.60% Supplementation: 9.59% Milenium Plan: 10.42% Plan 35%: 10.30% and Supplementation: 10.32%
General mortality table Millennium Plan: AT-2000 smoothed down by 10% segregated by gender. Plans 35%: AT-2000 Male aggravated by 15%. Supplementation: AT-2000 aggravated by 10% segregated by gender. 35% and Average Salary Supplementation Plans : AT 2000 segregated by gender (10% smoothed)
Disability table 35% Plan and Supplementation: Light Medium. Millenium Plan: Prudential (Ferr. Retirement) Plan 35% and Supplementation: Light Média Millênnium Plan: Prudential ( retirement)
Disability mortality table Winklevoss - 1% Winklevoss - 1%
Turnover table Millenium plan 5% per annum, zero for plans 35% and Supplementation. Millennium plan 5% p.a., nil for DB plans
Retirement age 100% on the first date he/she becomes eligible for programmed retirement benefit under the plan 100% on the first date he/she becomes eligible for programmed retirement benefit under the plan
Household composition of active participants 95% will be married at the time of retirement, with the wife being 4 years younger than the husband 95% will be married at the time of retirement, with the wife being 4 years younger than the husband