Canoasprev

What Canoasprev does

Canoasprev is a municipal autarchy headquartered in Canoas, Rio Grande do Sul, Brazil, established under Lei nº 4.739/03 to manage the pension and healthcare assistance obligations of the municipality's civil servants. It administers two distinct funds: FAPEC, the pension fund (Regime Próprio de Previdência Social) that handles retirement and survivor benefits, and FASSEM, the self-managed health assistance fund that provides medical and hospital coverage to municipal employees, retirees, and dependents — serving approximately 8,000 to 8,500 health beneficiaries.

The organization's technology foundation centers on digital service delivery through a mobile application and online portal, enabling beneficiaries to complete proof-of-life verification using Gov.br's federal facial recognition platform, reducing in-person visits. Administrative operations are supported by a team of 34 employees under a Pró-Gestão RPPS Level III (highest) governance certification, attained in 2019. The FASSEM fund has been expanded through partnerships with private healthcare providers, including Centro Avançado de Radioterapia Vitta for oncology services, and academic partnerships with educational institutions for staff training.

Canoasprev's business model is statutory rather than commercial: funding flows from mandatory employer and employee contributions on municipal payroll, supplemented by municipal transfers, investment returns on FAPEC assets, and beneficiary co-participation in FASSEM. The entity holds no competitive position in a market; its relevance is tied to the size of the Canoas municipal workforce and its pension liabilities. Geographic footprint is local (Canoas/RS), with informal advisory engagement to neighboring Esteio on RPPS structuring.

Name

Canoasprev

Legal name

Instituto de Previdência e Assistência dos Servidores Municipais de Canoas

Website

https://canoasprev.rs.gov.br

Company type

Private

Founded year

2003

Operating status

Operating

Short description

Canoasprev is a municipal autarchy in Canoas, Rio Grande do Sul, Brazil, managing pension (FAPEC) and healthcare assistance (FASSEM) for the city's civil servants, retirees, and dependents — approximately 8,500 health beneficiaries under a Pró-Gestão Level III governance framework.

Ownership category

akta.pro rank

Product category

Public Pension and Health Benefits Administration

NAICS

Health and Welfare Funds (525120)

SIC

Hospital & Medical Service Plans (6324), Life Insurance (6311), Finance Services (6199)

akta.pro primary industry

Self-Funded Employer Plan TPA (ASO Administration) (HLAEALAA)

Keywords

• Municipal pension management
• Public sector health assistance
• Retirement benefits administration
• Payroll-deductible loans
• Social security benefits

Headquarters

HQ city

Canoas

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, Others

Revenue model

1. Pension Contributions (FAPEC): Municipal public servants contribute 14% of their salary to the pension fund (FAPEC) as mandated by Constitutional Amendment 103/2019 and Law 6334/2020. The municipal government also contributes to ensure actuarial balance.
2. Health Plan Contributions (FASSEM): Active and retired municipal servants pay contributions for health insurance coverage under FASSEM. The plan operates with contributions and co-payments, offering services equivalent to health plans at approximately half the market price.
3. Food Voucher (Rancho) Distribution: Monthly food basket distribution to retired and pensioned municipal servants with three tiers (RBM1: R$507.32, RBM2: R$385.92, RBM3: R$242.10 as of January 2025). The municipality acts as intermediary without direct financial disbursement.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Canoasprev is a municipal autarchy that manages pension benefits (FAPEC) and health assistance (FASSEM) for active, retired, and pensioned municipal public servants of Canoas, Rio Grande do Sul. It administers retirement/pension disbursements, statutory pension contributions (14% under EC 103/19), health plan coverage with a credenciado provider network, monthly food baskets (Rancho Básico), payroll-deductible loans via CanoasTec, 24/7 telemedicine, and digital life certification (prova de vida) through GOV.BR biometric integration. Services are delivered through a headquarters office, web portal, mobile application, and WhatsApp channels.

Product overview

Canoasprev is a municipal pension and health assistance institute for Canoas city employees. It administers two main funds: FAPEC (pension fund) for retirement benefits, and FASSEM (health fund) serving approximately 8,500 beneficiaries. The organization provides digital services including an online payslip portal, mobile apps, telemedicine, and GOV.BR-based proof of life verification. Additional benefits include monthly food baskets (Rancho Básico), payroll loans (Consignados), and the Bem Viver wellness program for retirees.

Differentiator

Problem solved

Functional benefit

Products and services

• FAPEC (Fundo de Aposentadoria e Pensão dos Servidores Municipais de Canoas) Municipal pension fund managing the Regime Próprio de Previdência Social (RPPS) for active, retired, and pensioned municipal employees of Canoas, providing retirement and survivor pension benefits. Mandatory 14% payroll contribution per EC 103/19 and Lei 6334/2020.
• FASSEM (Fundo de Assistência à Saúde do Servidor Municipal) Health assistance fund providing medical and dental coverage for active municipal employees, retirees, pensioners, and their legal dependents, serving approximately 8,000-8,500 beneficiaries at approximately half the market price of comparable health plans. Operates through a credenciado (network) provider system.
• Telemedicina (Teleconsulta) 24/7 telemedicine service providing general practitioner consultations via video call, available to FASSEM beneficiaries through phone number 0800 942 7455 with medical consultations conducted via WhatsApp.
• Rancho Básico Mensal (Monthly Food Basket) Monthly food basket benefit for retired and pensioned municipal employees, available in three tiers — RBM 1 (R$ 507.32), RBM 2 (R$ 385.92), and RBM 3 (R$ 242.10) as of January 2025 — distributed through Atacadão RS supermarkets. The RBM 3 tier is priced 31% lower than supermarket prices.
• Empréstimos Consignados (CanoasTec) Payroll-deductible loan system administered through the CanoasTec portal (servidor.canoastec.com.br), enabling contracted credit services for municipal employees with interest rates managed through the Banrisul bank partnership. Contact center available at 0800 006 9333.
• Programa Bem Viver Social and wellness program for retirees and pensioners providing recreational activities, events, and community gatherings to improve quality of life and social connections among the Canoasprev beneficiary community.
• Programa Bem Viver Social and wellness program for retirees and pensioners providing recreational activities, events, and community gatherings to improve quality of life and social connections among the Canoasprev beneficiary community.

Quantifiable outcome

• Certified by Pró-Gestão RPPS - first in Rio Grande do Sul
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Centro Avançado de Radioterapia VittacoreStrategic or Co-development Partner · 29 August 2023Formalized partnership for radiotherapy services under FASSEM health fund. The Centro Vitta is located at Centro Clínico do Hospital Ernesto Dornelles in Porto Alegre, specialized in radiotherapy with state-of-the-art equipment.
• Universidade La SalleminorGTM or Marketing PartnerEducational partnership offering discounts of 10-50% on graduation, postgraduate (Lato and Stricto sensu), and extension courses for insured members and beneficiaries. Discounts range from 10% to 50% depending on course type and modality.
• CanoasTeccoreTechnology or IntegrationTechnology portal for online payroll-deductible loan requests. Provides convenience and security to beneficiaries. Contact center available at 0800 006 9333 option 1.
• BanrisulcoreChannel Partner/ Reseller/ DistributorPrimary financial institution for payroll-deductible loans (empréstimos consignados). Partners in 13th salary advance operations and loan repactuation programs.
• Movimento Transparência Canoas (MTC)minorStrategic or Co-development PartnerCivil society movement for transparency. MTC president Clari Gialdi visited Canoasprev to deliver formal letter with strategic agenda items. Demonstrates commitment to transparency and civic engagement.
• Instituto de Previdência dos Servidores Públicos do Estado de Rondônia (IPERON)minorStrategic or Co-development PartnerExchange visit from IPERON director and team to learn about Canoasprev management practices and experience sharing between public pension institutions.
• Associação Gaúcha de Instituições de Previdência Pública (AGIP)coreStrategic or Co-development PartnerState-level association of public pension institutions. Canoasprev director Leonardo Machado serves as Director of Pension Training (Diretor de Formação Previdenciária) on AGIP board. Hosts annual seminars and training events.
• Atacadão RScoreOthersFood retailer partner for monthly food basket (rancho) distribution. Beneficiaries receive food vouchers via app or physical card for pickup at designated locations.

Scale indicators5 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• CAPSEM (Caixa de Assistência dos Servidores Públicos Municipais de Porto Alegre): Municipal server health and social assistance entity for Porto Alegre public servants — directly comparable to FASSEM in providing health and welfare benefits to municipal employees of a neighboring RS capital city.
• IPERON (Instituto de Previdência dos Servidores Públicos do Estado de Rondônia): State-level RPPS in Rondônia that has formally exchanged best practices with Canoasprev; both administer pension regimes for public servants under Pró-Gestão RPPS, making them structurally similar RPPS entities.
• FAPES (Fundação de Assistência e Previdência Social dos Servidores do Estado do Espírito Santo): State RPPS administering pension and social welfare for Espírito Santo public servants — directly comparable as a Pró-Gestão-certified pension and benefits entity serving public-sector employees.

Regional players

• AGIP (Associação Gaúcha de Instituições de Previdência Pública): Regional association of RS public pension institutions of which Canoasprev is a board member; not a direct competitor but the institutional ecosystem that governs peer RPPS standards and training.
• IPREV (Instituto de Previdência dos Servidores Públicos do Município de Bento Gonçalves): Municipal RPPS for a Rio Grande do Sul city in the Serra Gaúcha region — comparable in scale and structure to Canoasprev, both operating under the same state pension regulatory framework.

Others

• Banrisul: Channel partner for payroll-deductible loans (empréstimos consignados) and 13th salary advances. Adjacent financial infrastructure provider rather than a competitor.
• Fac Sistemas: Third-party technology vendor providing the Portal do Segurado for payslip access — an enabling/ecosystem partner rather than a competitive entity.
• CanoasTec: Technology platform partner operating the consignado loan portal integrated with Canoasprev payroll — enabling ecosystem participant rather than direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Canoasprev

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries2 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 Canoasprev