A criação da previdência complementar para o servidor público federal sob a luz do princípio do equilíbrio financeiro e atuarial

Abstract

This work aims at analyzing the emergence of the pension funds system for federal public servants, which has been implemented due to the change in the social security system, according to Law 12.618/2012. The old system in which pension and retirement benefits were considered as prizes for the ones who dedicated the State their strength and work has been substituted by a contributive, solidary, sustainable system, worried with the future generations of public servants and based on the constitutional principle of financial and actuarial balance. Such principle is the guarantee that the financial resources of Regime Próprio de Previdência Social (Brazilian Social Security System - RPPS) will be enough for the payment of all its obligations, both on a short-term basis, on each accounting period and on a long-term basis, which covers all of its duration. In order to discuss this issue, this study addresses the creation and the consolidation of the international and Brazilian rights to social security, highlighting its relations with the economic, social and political segments. It analyses the political process and the Brazilian social security system changes. It also studies the emergence and the evolution of the social security systems for Brazilian federal public servants as well as its relations with the legal regime for hiring public servants. The study also discusses the exhaustion of the old social security system for public servants, emphasizing the changes occurred on the Brazilian demographics. Finally, it identifies the present structure of Fundação de Previdência Complementar do Servidor Público Federal (Pension Funds of Federal Civil Servants - FUNPRESP), a closed-end private pension entity, which aims at administrating and executing social security benefits plans.