Postalis

What Postalis does

Postalis – Instituto de Prêmio Complementar is a Brazilian closed complementary pension entity (entidade fechada de previdência complementar, EFPC) founded in 1981 and headquartered in Brasília, DF. It is a non-profit, PREVIC-supervised institution that administers two pension plans: Postalprev, a variable-contribution plan combining defined contribution accumulation with defined benefit risk coverage, and Plano BD, a defined benefit plan that was settled (saldado) in 2008 and remains closed to new adhesions. Postalis serves exclusively the employees of its sponsor Correios (Brazilian Postal Service) and of Postalis itself, as well as assistidos (retirees and pensioners) and their beneficiaries, with a participant base exceeding 123,000 across both plans.

The core operating platform is Postalis Online, a web-based self-service portal that handles contribution management, benefit simulation, loan requests, beneficiary updates, and account statements, supplemented by a toll-free call center (0800 879 0300), in-person service poles across Brazil, and a YouTube tutorial channel. The product portfolio also includes a personal loan service (Empréstimo) at 1.27%–1.29% monthly interest, group life insurance underwritten by Icatu Seguros and brokered by RSulBravida (effective July 2023), an online benefit simulator, and the Postalis Mais Futuro financial education program. Independent governance infrastructure includes a Deloitte-operated whistleblower channel (Canal de Denúncias) and an ombudsman (Ouvidoria).

Revenue mechanics rest on three streams: matched participant and sponsor pension contributions under Postalprev and Plano BD, a 1% administrative expense contribution applied to monthly benefits, and interest income from the participant loan book. The Plano BD carries an R$8.8 billion technical deficit (2022), which Postalis is addressing through a Termo de Ajustamento de Conduta (TAC) signed with PREVIC and Correios in February 2020, a 1st Additive Term approved in October 2023 granting a 24-month implementation window, and a deficit equalization plan implemented at fiscal year-end 2023 that introduced additional lifetime contributions and reductions to certain future benefits. Correios remains the sole corporate sponsor, making sponsor headcount and financial condition the central driver of contribution flow and plan recovery.

Name

Postalis

Legal name

Postalis - Instituto de Prêmio Complementar

Website

https://postalis.org.br

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

251–500 employees

Short description

Postalis is a non-profit, PREVIC-regulated closed complementary pension entity (EFPC) founded in 1981 that administers the Postalprev and Plano BD retirement plans exclusively for employees of its sponsor, Correios (Brazilian Postal Service), serving over 123,000 participants in Brazil.

Ownership category

akta.pro rank

Product category

Closed Pension Fund Management

NAICS

Pension Funds (525110)

SIC

Finance Services (6199)

akta.pro primary industry

Equity Compensation & Global Share Plan Administration (BPACAHAI)

akta.pro secondary industry

Postal Banks & Postal Financial Services (FSABAKAJ)

Keywords

• Complementary pension plans
• Defined benefit pension
• Participant loan services
• Group life insurance
• Retirement benefits

Headquarters

HQ city

Brasilândia

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Pension contributions: Postalis generates revenue through contributions made by participants (employees of Correios and Postalis) and the sponsor company. Contributions are pooled and invested to fund future pension benefits. Additionally, loan interest income and administrative fees (e.g., 1% contribution fee on benefits) contribute to operational revenue.
2. Loan interest income: Postalis offers personal loans to eligible participants at competitive interest rates (1.27%–1.29% per month). Interest income from the loan portfolio represents a revenue stream supporting the institute's operations.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Postalis is a closed complementary pension entity (EFPC) that administers two pension plans (Postalprev and Plano BD) for employees of Correios (Brazilian Postal Service). It manages supplemental retirement, death, and disability benefits funded through matched monthly contributions and investments, while also offering personal loans at competitive interest rates, group life insurance underwritten by Icatu Seguros, and online self-service tools via the Postalis Online portal.

Product overview

Postalis is a closed complementary pension entity for Correios employees offering two pension plans (Postalprev and Plano BD), a self-service online portal, loan services, group life insurance underwritten by Icatu, a financial education program (Postalis Mais Futuro), an online benefit simulator, an independent whistleblowing channel (operated by Deloitte), an ombudsman service, and annual transparency reports. The product portfolio centers on supplementary pension management with associated financial services and digital self-service tools, with no third-party product integrations identified.

Differentiator

Problem solved

Functional benefit

Products and services

• Plano Postalprev A variable contribution pension plan combining defined contribution features during the accumulation phase with defined benefit features for programmed and risk benefits, offering retirement, disability, and death benefits, with flexible contribution options for Correios employees.
• Plano BD (Benefício Definido Saldado) A defined benefit plan that was settled in 2008 and closed to new enrollments, providing proportional settled benefits (BPS) to active participants and full benefits to retirees and pensioners, with ongoing deficit equalization plans.
• Empréstimo (Loan Service) Personal loan product offered to eligible participants with competitive interest rates (1.27%–1.29% per month), available amounts based on accumulated redemption rights and borrowing capacity, requiring 6 months of uninterrupted contributions.
• Seguro de Vida em Grupo (Group Life Insurance) Group life insurance administered by Postalis as policyholder, underwritten by Icatu Seguros and intermediated by RSulBravida corretora, providing natural and accidental death coverage, funeral assistance, and disability benefits for participants and their families.

Quantifiable outcome

• Postalprev accumulated return of 6.53% year-to-date 2025, surpassing the actuarial target of 5.96%
• +1 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core.

• Icatu SeguroscoreOthers · 1 July 2023Icatu Seguros is the insurer providing group life insurance (Seguro de Vida em Grupo) to Postalis participants and assistidos, effective from July 1, 2023. The insurance covers death benefits, accidental death, funeral assistance, and disability coverage. Postalis acts as the stipulante (policyholder representative). Icatu has over 30 years of experience and is a leader in the independent life insurance segment.
• RSulBravida Corretora de SeguroscoreChannel Partner/ Reseller/ Distributor · 1 July 2023RSulBravida is the insurance broker representing Postalis participants in negotiations with Icatu Seguros for the group life insurance policy. They provide sales, onboarding, and claims support through a dedicated toll-free line (0800 070 7080) and in-person consultations in key states (RS, SC, PR, RJ, SP, DF, BA, CE). They facilitated over R$ 89 million in insurance payouts from 2019 to mid-2023.
• PREVIC (Superintendência Nacional de Previdência Complementar)coreOthers · 1 February 2020PREVIC is the Brazilian regulatory body for closed complementary pension entities. In February 2020, PREVIC signed a TAC (Termo de Ajustamento de Conduta) with Postalis and Correios to address the R$ 8.8 billion technical deficit in the BD plan. On October 26, 2023, PREVIC approved the 1st Amendment to the TAC, granting a 24-month deadline for Postalis to implement corrective measures.
• Correios (Brazilian Post and Telegraph Company)coreStrategic or Co-development Partner · 1 February 2020Correios is the primary sponsor of Postalis pension plans. All Correios employees are eligible to join the Postalprev plan. Correios contributes matching contributions for each participant and co-signed the TAC with PREVIC in February 2020 to address the BD plan's structural deficit. Contributions from Correios and participants are split equally for the Basic Contribution.
• DeloittecoreOthersDeloitte is contracted as an independent external company to operate Postalis's whistleblower channel (Canal de Denúncias), receiving and managing reports of fraud, corruption, harassment, discrimination, money laundering, and other irregularities. Deloitte ensures confidentiality, anonymity, and impartial handling of reports.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Previ: Previ is the closed pension fund of Banco do Brasil employees — the closest structural analog to Postalis as a single-sponsor EFPC serving a major Brazilian state-linked employer. Both manage BD-style legacy obligations alongside variable-contribution plans under PREVIC supervision.
• Petros: Petros is the closed pension fund of Petrobras employees and one of the largest EFPCs in Brazil. Comparable to Postalis in scale, single-sponsor dependency, and the challenge of managing mature defined-benefit obligations alongside a contribution plan.
• Funcef: Funcef is the closed pension fund of Caixa Econômica Federal employees, operating Postalprev-equivalent benefit plans and loan products. Directly comparable as a major Brazilian EFPC with a state-linked financial-sector sponsor.
• Valia: Valia is the closed pension fund sponsored by Vale and other participating employers, administering both defined-benefit and variable-contribution plans. Comparable to Postalis in operating a multi-plan structure under PREVIC.
• Forluz: Forluz is the closed pension fund of Cemig (state power utility) employees, running defined-benefit and contribution plans with a single corporate sponsor. A close structural parallel to Postalis' Correios relationship.
• Banesprev: Banesprev is the closed pension fund of Banestes employees, a regional state-bank EFPC offering BD and CD plans plus loans. Operates the same product bundle as Postalis at a smaller regional scale.
• Sistel: Sistel is a multi-sponsor closed pension fund originating from the Brazilian telecom sector, administering benefit plans and loans for participating employees. Comparable to Postalis in operating legacy BD plans with structural funding challenges.
• Eletros: Eletros is the closed pension fund of the Brazilian electric-energy sector, managing benefit plans for multiple sponsoring companies. Comparable to Postalis as a PREVIC-regulated EFPC administering retirement and risk benefits.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC5yKaKvnnoT2YWLArwwfxSw
• Xx.com/postalis

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Postalis