Valia

What Valia does

Valia - Fundação Vale do Rio Doce de Seguridade Social is a Brazilian closed supplementary pension entity (Entidade Fechada de Previdência Complementar, EFPC) headquartered in Rio de Janeiro. Founded in 1973 and sponsored primarily by Vale S.A., it administers defined benefit (BD), defined contribution (CD), and proportional benefit (BP) pension plans on behalf of employees and retirees of Vale, Cenibra, Mosaic Fertilizantes, and other corporate sponsors. As the sixth-largest closed pension entity in Brazil by assets under management, Valia held R$12.03 billion in BD plan assets in 2022 and serves over 25,000 assisted participants receiving monthly pension benefits. Its core products include the Vale Mais and Valiaprev plans, the BD plan with a 25% monthly surplus distribution to participants, the BP module guaranteeing 35% monthly surplus underwritten by Vale, sponsor-specific plans (Cenibra, Mosaic Mais, Prev-Mosaic 1/2, BD Mosaic), and the retail/corporate Prevaler plans.

The operating model combines physical branches (Agências e Postos de Atendimento), a participant portal (portal.valia.com.br), a mobile application, a call center (Disque Valia), a WhatsApp virtual assistant (Lia), roving Atendimento Itinerante, and an in-person Consultor Valia service. Supporting platforms include the ValiaVerso financial education ecosystem, ValiaCast podcast, and PREV4U cashback loyalty program, alongside participant loan and home financing services. Revenue mechanics comprise participant contributions, pension benefit payments, loan and real-estate financing spreads, and investment management income on plan assets, with administrative fees regulated by PREVIC.

The entity operates as a Fundação de Seguridade Social (nonprofit foundation) under Brazilian supplementary pension regulation, meaning it is governed rather than equity-owned, with Vale S.A. as the principal sponsor guaranteeing key surplus obligations. Recent material developments include the 2022 BD plan accounting closure (R$501 million surplus distributed to assisted participants), the 2026 departures of the Director of Investments (after 33 years) and Director of Welfare/Security (after 17 years), and an ongoing regulatory dispute with PREVIC over the proposed 5.05% interest rate for BD surplus calculations.

Name

Valia

Legal name

Valia - Fundação Vale do Rio Doce de Seguridade Social

Website

https://valia.com.br

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

251–500 employees

Short description

Valia is a Brazilian closed supplementary pension foundation (EFPC) sponsored by Vale S.A. that administers defined benefit, defined contribution, and proportional benefit plans for employees and retirees of Vale, Cenibra, Mosaic Fertilizantes, and other corporate sponsors, managing R$12+ billion in plan assets and serving over 25,000 assisted participants.

Ownership category

akta.pro rank

Product category

Supplementary Pension Fund Management

NAICS

Pension Funds (525110), Pension Funds (52511), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investment Advice (6282)

akta.pro primary industry

Retirement Income Planning & Decumulation Advisory (FSAEABAD)

Keywords

• Supplementary pension plans
• Defined benefit pensions
• Defined contribution plans
• Pension fund management
• Retirement income services

Headquarters

HQ city

Rio de Janeiro

HQ country

Brazil

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Participant Contributions: Active participants contribute to their pension plans through regular contributions deducted from salary.
2. Pension Benefit Payments: Monthly pension payments to retired participants and death benefits to beneficiaries (pensão por morte).
3. Loan Services: Credit services offered to participants with competitive interest rates.
4. Real Estate Financing: Home financing services for participants.
5. Investment Management: Total plan assets of R$12.03 billion generating investment returns. The entity manages defined benefit (BD) and defined contribution plans with surplus distribution (superávit) to participants.

Go-to-market motion1 record

Distribution channels7 records

Marketing channels8 records

Core offering

Valia is a Brazilian closed supplementary pension entity (EFPC) that administers defined benefit (BD, BP) and defined contribution (Vale Mais, Valiaprev, Mosaic Mais, Prev-Mosaic 1/2) pension plans for employees and retirees of sponsor companies Vale, Cenibra, and Mosaic Fertilizantes. Beyond pension administration, Valia provides personal loans, home financing, retirement simulation tools, the ValiaVerso financial education platform, the ValiaCast podcast, and the PREV4U cashback program to more than 25,000 assisted participants across Brazil.

Product overview

Valia is a closed private pension entity (Fundação de Previdência Complementar do Pessoal da Vale S.A.) offering a comprehensive portfolio of pension plans and financial services. The core offering consists of defined contribution and defined benefit pension plans including Vale Mais, Valiaprev, Benefício Definido (BD), and multiple sponsor-specific plans (Cenibra, Vale Fertilizantes, Mosaic Mais, Prev-Mosaic 1/2, BD Mosaic, Abono Complementação). The portfolio also includes Prevaler and Prevaler para Empresas as retail and corporate variants. Supporting services include loan products, home financing, investment management, and the Benefit Proporcional (BP) module within Vale Mais offering guaranteed 35% monthly surplus distribution. Digital engagement is facilitated through the ValiaVerso educational platform, ValiaCast content series, PREV4U cashback program, and digital channels including the Valia app, WhatsApp assistant (Lia), and online simulator tools.

Differentiator

Problem solved

Functional benefit

Brands

• Prevaler: Pension plan designed for individuals and families, also offered for corporate clients.
• Vale Mais
• Valiaprev
• Mosaic Mais
• Valia Verso
• ValiaCast

Products and services

• Vale Mais Defined contribution pension plan (Plano de Contribuição Variável) for Vale employees and other sponsors, offering retirement and survivor benefits plus proportional benefit (BP) module with guaranteed 35% monthly surplus.
• Valiaprev Pension plan offered to employees of sponsoring companies, providing retirement and risk benefits.
• Benefício Definido (BD) Defined benefit pension plan where retirement benefits are predetermined by formula, with 25% monthly surplus distribution to active and retired participants.
• Cenibra Pension Plan Pension plan originally from Cenibra, now administered by Valia for Cenibra employees and retirees.
• Prevaler Family pension plan designed for individual participants and their families, offering flexible contribution options and retirement benefits.
• Prevaler para Empresas Corporate version of the Prevaler pension plan for companies seeking to provide retirement benefits to employees.
• Vale Fertilizantes Pension Plan Pension plan originally from Vale Fertilizantes, now administered by Valia.
• Mosaic Mais Pension plan for Mosaic employees, offering retirement and risk benefits.
• Prev-Mosaic 1 Defined contribution pension plan for former Ultrafértil employees now under Mosaic sponsorship.
• Prev-Mosaic 2 Defined contribution pension plan for former Ultrafértil employees, separate cohort from Prev-Mosaic 1.
• Abono Complementação Supplementary benefit plan providing additional income complementation to participants.
• BD Mosaic Defined benefit plan transferred from former Petros Ultrafértil, now administered by Valia.
• Benefício Proporcional (BP) Proportional benefit feature within Vale Mais originating from BD migration, offering 35% monthly surplus distribution to participants, guaranteed by Vale until plan completion.
• Empréstimos (Personal Loans) Loan services offered to participants and beneficiaries with competitive market interest rates.
• Financiamento Imobiliário (Home Financing) Home financing services for participants and beneficiaries.
• ValiaVerso Financial and pension education platform offering courses, games, articles, consultancies, calculators, and personalized development trails for participants.
• PREV4U Cashback Program Cashback program in which users receive money back on their Prevaler plan when shopping at partner online stores.
• Aplicativo Valia Previdência Mobile application (iOS and Android) for participants to manage pension plans, view statements, and access self-service on smartphones.
• Espaço Família Support service module guiding beneficiaries through the process of requesting death pension benefits (pensão por morte) following a participant's death.

Quantifiable outcome

• 35% monthly surplus distributed to BP plan participants since 2008, guaranteed by Vale
• +2 more outcomes

Named customers3 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

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and support.

• ValecoreStrategic or Co-development PartnerPrimary sponsor of Valia's pension plans including Vale Mais and Valiaprev. Vale guarantees the 35% monthly surplus distribution on the BP plan until plan completion. Major employer providing employee access to Valia's pension services.
• CenibracoreStrategic or Co-development PartnerSponsor company for the Cenibra pension plan administered by Valia.
• Mosaic FertilizantescoreStrategic or Co-development PartnerSponsor company for Mosaic Mais, Prev-Mosaic 1, Prev-Mosaic 2, and BD Mosaic pension plans transferred from Petros Ultrafértil.
• Banco do BrasilsupportChannel Partner/ Reseller/ DistributorOne of the designated banks for benefit payments and pension disbursements to participants.
• BradescosupportChannel Partner/ Reseller/ DistributorOne of the three banks (along with Itaú and Santander) chosen to pay the benefit disbursement sheet for BD plan participants.
• ItaúsupportChannel Partner/ Reseller/ DistributorOne of the three banks (along with Bradesco and Santander) chosen to pay the benefit disbursement sheet for BD plan participants.
• SantandersupportChannel Partner/ Reseller/ DistributorOne of the three banks (along with Bradesco and Itaú) chosen to pay the benefit disbursement sheet for BD plan participants.
• PREVICsupportOthersBrazilian regulatory body for closed pension entities (Superintendência Nacional de Previdência Complementar) that approves plan changes and ensures compliance.

Scale indicators7 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Itaú Unibanco: Itaú operates one of Brazil's largest open private pension entities (EAPC) and corporate pension offerings. While it serves a broader market than Valia's closed EFPC model, it competes for retirement savings and corporate pension mandates in the Brazilian market.
• Bradesco Seguros: Bradesco's insurance and pension division operates extensive open pension (PGBL/VGBL) products with strong distribution. It is comparable to Valia as a major Brazilian retirement services provider, though with a broader, open-market business model.

Direct peers

• Eletros: Eletros is a closed pension entity for employees of the Brazilian electric sector. It is comparable to Valia as a PREVIC-regulated EFPC with multiple employer sponsors and similar defined benefit/contribution plan structures.
• Funcef: Funcef is the closed pension entity of Caixa Econômica Federal employees. It is directly comparable to Valia as a multi-plan closed pension foundation serving a major Brazilian corporation's workforce with defined benefit and contribution plans.
• FAPES: FAPES is a closed pension entity for employees of Brazilian telecommunications companies. It is comparable to Valia as a multi-plan EFPC operating under PREVIC regulation with both BD and DC plans.
• Postalis: Postalis is the closed pension entity for employees of Correios (Brazilian postal service). It is directly comparable to Valia as a large PREVIC-regulated EFPC managing pension benefits for employees of a major Brazilian state-linked corporation.
• Previ: Previ is the closed pension entity of Banco do Brasil employees, one of the largest EFPCs in Brazil. It is directly comparable to Valia as both are multi-sponsor closed pension foundations regulated by PREVIC, managing defined benefit and contribution plans for employees of major Brazilian corporations.
• Petros: Petros is the closed pension fund of Petrobras employees and one of Brazil's largest EFPCs. It is directly comparable to Valia in managing corporate-sponsored pension plans, with similar BD and DC plan structures and PREVIC regulatory oversight.
• Fundação Cesp: Fundação Cesp is the closed pension entity for employees of CESP (Companhia Energética de São Paulo). It is directly comparable to Valia as a sector-specific Brazilian closed pension foundation managing corporate pension obligations.
• Real Grandeza: Real Grandeza is the closed pension entity for employees of the Eletrobras group. It is comparable to Valia as a Brazilian EFPC managing electricity sector corporate pension plans with similar regulatory structure and benefit obligations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCBNcNLZtPcoBsa47qYsND8w
• Facebookfacebook.com/ValiaPrevidencia
• LinkedInlinkedin.com/company/valia-previdencia
• Instagraminstagram.com/ValiaPrevidencia

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

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 Valia