| Pension plan and other post-employment benefits |
| 37. | Pension plan and other post-employment benefits |
| Schedule of asset policy and medical plan |
|
|
|
|
| |
|
2025 |
|
2024 |
| |
|
|
|
|
| FUNCESP Plans, Healthcare Plans (FIBER Healthcare Plan), PAMEC/asset policy and medical plan |
|
4,485 |
|
3,461 |
ICATU, SISTEL and VIVEST
The Company sponsors defined benefit private pension and contribution plans
for a group of employees from the former TELEBRÁS system, which are currently under the administration of ICATU FUNDO MULTIPATROCINADO
and Fundação Sistel de Seguridade Social. In addition to the plans coming from the TELEBRÁS system, there is also
the plan administered by the VIVEST foundation resulting from the incorporation of AES Atimus.
Such supplementary pension plans, as well as medical plans, are briefly
explained below:
PBS assisted (PBS-Tele Celular Sul and PBS-Tele Nordeste Celular):
SISTEL benefit plan with a defined benefit feature. It includes retired employees who were part of the plans sponsored by the companies
of the old TELEBRÁS system;
PBS (PBS Tele Celular Sul and PBS Tele Nordeste Celular): pension
plan for active and assisted employees with defined benefit characteristics. These benefit plans are managed by the ICATU Fundo MULTIPATROCINADO;
TIMPREV Plan (South and Northeast): pension plan for active and
assisted employees with defined contribution characteristics. These benefit plans are managed by the ICATU Fundo MULTIPATROCINADO;
Administration agreement: administration agreement for retirement
payment to retirees and pensioners of the company's predecessors. Said plan is managed by ICATU Fundo MULTIPATROCINADO;
PAMEC/Asset Policy: complementary health care plan for retirees
of the Company's predecessors;
AES Telecom: Complementary pension plan managed by Vivest, which
is the responsibility of TIM, due to the acquisition of AES Atimus, a company that belonged to the former Eletropaulo. Currently, the
plan is in the process of Withdrawal of Sponsorship with the National Superintendence of Complementary Pensions (PREVIC).
Fiber medical plan: Provision for maintenance of health plan as
post-employment benefit to former employees of AES Atimus (as established in Law 9656/98, articles 30 and 31), which was acquired
and incorporated by TIM.
The actuarial position of liabilities and assets related to retirement
and health care plans, on December 31, 2025, in accordance with the rules provided for by IAS 19 is presented below.
a) Effects on the base date of December 31:
| Schedule
of liabilities and assets related to retirement
and health care plans |
|
|
|
|
|
|
|
|
| |
Plans |
Total |
| |
PBS |
PBS Assisted |
Administration agreement |
PAMEC/Asset Policy |
AES Telecom |
Medical plan |
2025 |
2024 |
| Reconciliation of assets and liabilities |
(i) |
(i) |
(i) |
|
|
|
|
|
| Present value of the actuarial obligations |
30,892 |
8,319 |
67 |
1,103 |
9,499 |
3,382 |
53,262 |
55,173 |
| Fair value of the assets of the plan |
(49,062) |
(15,291) |
(254) |
- |
(11,133) |
- |
(75,740) |
(81,658) |
| Excess present value of obligations over fair value of assets |
(18,170) |
(6,972) |
(187) |
1,103 |
(1,634) |
3,382 |
(22,478) |
(26,485) |
| Amount recognized in other comprehensive income |
11,772 |
4,930 |
31 |
- |
1,634 |
- |
18,367 |
18,359 |
| Net actuarial liabilities/(assets) |
(6,398) |
(2,042) |
(156) |
1,103 |
- |
3,382 |
(4,111) |
(8,126) |
| (i) |
No asset was recognized by the sponsors, due to the impossibility of reimbursing this surplus, and the fact that the sponsor’s
contributions will not be reduced in the future. |
b) Changes in net actuarial liabilities (assets)
| Schedule of changes in net actuarial liabilities (assets) |
|
|
|
|
|
|
| |
Plans |
| |
PBS |
PBS Assisted |
Administration agreement |
PAMEC/Asset Policy |
AES Telecom |
Medical plan |
| |
|
|
|
|
|
|
| Actuarial liabilities (assets) on 12/31/2024 |
(9,131) |
(2,337) |
(119) |
1,080 |
- |
2,381 |
| Expense (revenue) recognized in income (loss) |
(824) |
(255) |
(13) |
112 |
- |
366 |
| Sponsor’s contributions |
3,115 |
- |
- |
(99) |
- |
(2) |
| Recognized actuarial (gains) or losses |
442 |
550 |
(24) |
10 |
- |
637 |
| Unrecognized actuarial (gains) or losses |
- |
- |
- |
- |
- |
- |
| Net actuarial liabilities (assets) on 12/31/2025 |
(6,398) |
(2,042) |
(156) |
1,103 |
- |
3,382 |
c) Reconciliation of present value of obligations
| Schedule
of reconciliation of present value of obligations |
|
|
|
|
|
|
| |
Plans |
| |
PBS |
PBS Assisted |
Administration agreement |
PAMEC/Asset Policy |
AES Telecom |
Medical plan |
| Value of obligations on 12/31/2024 |
32,363 |
8,704 |
96 |
1,080 |
10,549 |
2,381 |
| Current service cost |
- |
- |
- |
- |
- |
112 |
| Interest on actuarial liability |
3,282 |
895 |
10 |
112 |
1,090 |
254 |
| Benefits paid in the year |
(3,144) |
(944) |
(9) |
(99) |
(653) |
(2) |
| Contributions paid by participants |
- |
- |
- |
- |
- |
- |
| (Gains)/losses in obligations |
(1,609) |
(336) |
(30) |
10 |
(1,487) |
637 |
| Value of obligations on 12/31/2025 |
30,892 |
8,319 |
67 |
1,103 |
9,499 |
3,382 |
d) Reconciliation of fair value of assets
| Schedule
of reconciliation of fair value of assets |
|
|
|
|
|
|
| |
Plans |
| |
PBS |
PBS Assisted |
Administration agreement |
PAMEC/Asset Policy |
AES Telecom |
Medical plan |
| |
|
|
|
|
|
|
| Fair value of assets on 12/31/2024 |
54,193 |
16,406 |
255 |
- |
10,804 |
- |
| Benefits paid in the year |
(3,144) |
(944) |
(9) |
(99) |
(653) |
(2) |
| Effective return on assets for the year |
5,467 |
1,735 |
27 |
- |
1,117 |
- |
| Company’s contributions / (returns) |
(3,115) |
- |
- |
99 |
- |
2 |
| Actuarial gain (loss) on plan assets |
(4,339) |
(1,906) |
(19) |
- |
(135) |
- |
| Fair value of assets on 12/31/2025 |
49,062 |
15,291 |
254 |
- |
11,133 |
- |
e) Expenses planned for 2025
| Schedule
of expenses planned |
|
|
|
|
|
|
| |
Plans |
| |
PBS |
PBS Assisted |
Administration agreement |
PAMEC/Asset Policy |
AES Telecom |
Medical plan |
| |
|
|
|
|
|
|
| Current service cost (with interest) |
- |
- |
- |
- |
- |
101 |
| Interest on actuarial obligations |
3,206 |
882 |
7 |
117 |
999 |
364 |
| Expected return on assets |
(5,127) |
(1,670) |
(28) |
- |
(1,176) |
- |
| Interest on the effect of the (asset)/liability limit |
1,291 |
557 |
3 |
- |
177 |
- |
| |
|
|
|
|
|
|
| Total unrecognized net expense (revenue) |
(630) |
(231) |
(18) |
117 |
- |
465 |
Actuarial assumptions adopted in the calculations
The main actuarial assumptions adopted in the calculation were as follows:
| Schedule
of actuarial assumptions |
|
| Nominal discount rate for the actuarial obligation: |
PBS South: 10.05% / 7.29%;
PBS Nordeste: 10.92% / 7.17%;
CA: 11.00% / 7.25%;
PBS-A: 11.29% / 7.53%;
AES: 10.88% / 7.13%;
PAMEC: 11.17% / 7.41%;
FIBER: 11.85% / 7.10% |
| Salary growth rate - nominal: |
PBS Nordeste: 3.50% / 0.00% PBS Sul, CA, PBS-A, AES, PAMEC and
FIBER: Not applicable |
| Biometric general mortality table: |
PBS, CA, PAMEC and FIBER: AT-2000
segregated per sex, decreased
by 10%;
PBS-A: AT-2000, segregated
by gender;
AES: Male AT-2000, attenuated
by 10% |
| Biometric table of new disability benefit vested: |
PBS and FIBER: Álvaro Vindas;
CA, PBS-A, AES and PAMEC: Not applicable |
| Expected turnover rate: |
PBS: Null; CA, PBS-A, AES and PAMEC: Not applicable;
FIBER: 0.15/(length of service + 1), being null as of 50 years old |
| Probability of retirement: |
PBS and FIBER: 100% at 1st eligibility;
CA, PBS-A, AES and PAMEC: Not applicable |
| Estimated long-term inflation rate |
3.50% p.a. |
| Determination method |
Projected Unit Credit Method |
|