Justice calls for RN's pension plan The 4th Public Finance Court of Natal ordered the government of RN and the State Servants' Pension Institute (Ipern) to present measures to restore the financial balance of the state pension within 90 days. The public civil action was filed by the Public Ministry of Rio Grande do Norte (MPRN). ? Click here to follow the g1 RN channel on WhatsApp The ruling set a deadline of 90 days for the initial presentation of the joint rebalancing plan and related administrative measures. According to the MP, the plan must contain an execution schedule and indicate the structural measures to be adopted to restore the State Pension Fund. Headquarters of the State Pension Institute of Rio Grande do Norte (Ipern), in Natal Government of RN/Disclosure Ipern informed, in a note, that the studies are ongoing and will soon be presented. The Court determined a daily fine of R$10,000, with an initial limit set at R$1 million, in case of non-compliance with the decision. The Court determined that the financial and actuarial rebalancing plan be formally included in the State's planning instruments. The goals and guidelines must be included in the Multi-Year Plan, the Budget Guidelines Law and the Annual Budget Law, specifically in the fiscal target annexes. Loss of 566 million in early redemptions In the action, the Public Ministry of RN pointed out that the state's own pension regime was subjected to a financial and actuarial imbalance after the unification of the social security and financial funds carried out by complementary law in 2014. According to the action, there were successive redemptions of financial investments before maturity without the due recomposition provided for in state legislation. The sum of the principal value of early redemptions that occurred between 2014 and 2018 with the projected income generated an updated amount of R$566,696,434.13 in loss to the pension fund, according to the MP. The Public Prosecutor's Office highlighted that the monthly contributions made by the State Treasury only serve to cover the payment of current benefits and do not address the deficit. Allocation of real estate The decision also obliges the State to adopt measures for the disposal, evaluation, economic allocation and disposal of real estate provided for in state legislation for the recovery of the fund's assets. The objective is to comply with the complementary laws that condition the use of social security resources to the future return of properties. Ipern must also promote the immediate economic allocation of real estate assets that are already disused and under its direct management. The Court also determined that the government of RN and Ipern must regularly forward updated information on their own regime to the Social Security Secretariat and make it available on transparency portals. Most watched videos on g1 RN
Court orders RN to present a plan to rescue the financial balance of state pension
Justice calls for RN's pension plan The 4th Public Finance Court of Natal ordered the government of RN and the State Servants' Pension Institute (Ipern) to present measures to restore the financial balance of the state...