How Previ went from a history of surplus to a gap that worries the market

CNN Brasil

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How Previ went from a history of surplus to a gap that worries the market

After delivering positive results at the close of 2022 and 2023, the Bank of Brazil's Employees Insurance Fund (Previ) spent almost the entirety of 2024 in the red. From January to November last year, Plan 1 of the pension fund accumulated a deficit of R$ 13.97 billion, a result that caught the attention of the Federal Audit Court (TCU) and led the court to open an audit of Previ's management. The gap is the worst since 2021, when the fund regis…