Postal Service employees go to court against BRL 12 billion leak at Postalis

Postal Service employees go to court against BRL 12 billion leak at Postalis

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Fund has not received new contributions since 2016, but losses have been registered since 2009 when the plan was closed to new beneficiaries.| Photo: Marcelo Camargo/Agência Brasil

Correios employees filed a lawsuit against Postalis, the supplementary pension fund for civil servants that has not received adjustments since 2016 and has already accumulated a shortfall of R$ 12 billion.

Adcap, the association that represents the state-owned company’s employees, calls for the accountability of the public agents involved in the breach, such as Sest (Secretary of the Ministry of Finance that coordinates the state-owned companies), the Post Office and Previc, the National Supplementary Pension Superintendence that oversees acting entities.

According to the association, losses have been accumulating since 2009, when the plan was paid off for the entry of new beneficiaries, with the creation of a fixed benefit. Luisa Moraes, a lawyer representing the employees, says that, at that time, Correios obligations were established with the fund that were not fulfilled.

“Since then, the fund has been accumulating a deficit as a result of debts that were not paid by the Post Office and undergoing a succession of interventions. Previc made a series of interventions, among them a conduct adjustment term in 2020 that would have to approve the review of the accounts in the period, a document that they themselves made and failed to comply with”, he says, emphasizing that, in the last three years alone, the losses already add up to R$ 2 billion.

Luisa also recalls that more than 90,000 people are being affected by the lack of revision of the fund.

Postalis is the target of successive management scandals, being cited in operations such as Lava Jato and Greenfield in which the R$ 12 billion in accumulated losses are from Postal and Union debts and investments under investigation.

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