XML 202 R183.htm IDEA: XBRL DOCUMENT v3.21.1
30. EMPLOYEE BENEFITS (Details 7)
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Disclosure of defined benefit plans [abstract]    
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: 6,95% Plan 35%: 6,24% Supplementation : 6,44% Millennium Plan: 6,98% Plan 35%: 6,75% Supplementation: 6,81%
Inflation rate 3.32% 3.61%
Nominal salary increase rate 4.35% 4.65%
Nominal benefit increase rate 3.32% 3.61%
Rate of return on investments Millennium Plan: 6,95% Plan 35%: 6,24% Supplementation : 6,44% Millennium Plan: 6,98% Plan 35%: 6,75% Supplementation: 6,81%
General mortality table Millennium Plan: AT-2012 segregated by gender Plan 35%: AT-2000 Male aggravated by 15% Supplementation: AT-2000 aggravated by 10% segregated by gender Millennium Plan: AT-2000 smoothed down by 10% segregated by gender Plan 35%: AT-2000 Male aggravated by 15% Supplementation: AT-2000 aggravated by 10% segregated by gender
Disability table 35% Plan Light Medium. Millenium Plan: Prudential (-10%) Supplementation: not applicable 35% Plan and Supplementation: Light Medium. Millenium Plan: Prudential (Ferr. Retirement)
Disability mortality table Millenium Plan: AT-71 35% Plan : MI-2006 -10% M&F Supplementation: Winklevoss -10% Winklevoss - 1%
Turnover table Millenium plan 5% per annum, zero for plans 35% and Supplementation Millenium plan 5% per annum, zero for plans 35% and Supplementation
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 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