SCPREV

What SCPREV does

SCPREV — Fundação de Previdência Complementar do Estado de Santa Catarina — is a closed supplementary pension entity (Entidade Fechada de Previdência Complementar, EFPC) headquartered in Florianópolis, Brazil, created by Lei Complementar 661/2015 and Decree 553/2015, and regulated by PREVIC under Lei Complementar 108/2001 and 109/2001. The foundation administers two defined-contribution pension plans for public servants of the State of Santa Catarina: Plano SCPREV, the primary plan for effective state servers earning above the INSS ceiling (R$ 8,157.41 in 2025), and Plano SCPREV MAIS, which covers commissioned positions, ALESC members, and municipal public servants. Participants build individual account balances through Normal, Additional, and Facultative contributions, with sponsored participants receiving a 1:1 employer match that doubles their savings. The platform includes a Participant Portal (Área do Participante) for self-service account management, online simulators for retirement estimates and income tax deduction planning, and electronic signature integration with Icatu Seguros for optional risk coverage (Parcela Adicional de Risco, PAR) with up to R$ 3 million insured capital.

The business model operates on a non-profit basis typical of Brazilian EFPCs, generating revenue through loading fees on contributions (reduced from 7% to 5% effective January 2026) and investment returns on a portfolio allocated approximately 82% to fixed income, 8% to multimarket funds, 5% to equities, and 5% to international investments under Resolução CMN 4.994/2022. Go-to-market relies on automatic enrollment (Inscrição Automática) mandated by Decree 1.552/2018 for all newly hired effective state public servants earning above the INSS ceiling, with a 90-day opt-out window, supplemented by a dedicated consultant team conducting in-person and remote advisory sessions at sponsor entities including TCE-SC, MPSC, and Defensoria Pública. The foundation was recognized by PREVIC as the #1 most operationally efficient EFPC in Brazil with an IEFO (Índice de Eficiência Operacional) of 0.1, and the Plan SCPREV delivered 11.15% return over the trailing 12 months, surpassing its reference target by 2.4 percentage points and IPCA by 6.4 percentage points.

Name

SCPREV

Legal name

Fundação de Previdência Complementar do Estado de Santa Catarina

Website

https://scprev.com.br

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

SCPREV is a Brazilian closed complementary pension entity (EFPC) administering defined-contribution pension plans with 1:1 employer matching for public servants of Santa Catarina state, including effective servers, commissioned positions, ALESC members, and municipal servants, supplemented by optional risk coverage via Icatu Seguros.

Ownership category

akta.pro rank

Product category

Complementary Pension Services

NAICS

Pension Funds (525110), Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)

SIC

Life Insurance (6311)

akta.pro industry

PRIMARYBPAIAKAA

Pensions & Retirement Benefits Administration

Business & Public Services/Public Sector & Government Administration/Social Security, Benefits & Welfare Administration

SECONDARYFSAIADAJ

Group Life Administration/Enrollment Platforms (TPA & Benefits Admin)

Financial & Insurance/Insurance — Life & Health/Group Life Insurance (Employer-Sponsored)

Keywords

• Complementary pension plans
• Defined contribution plans
• Public pension administration
• Retirement income plans
• Risk benefit insurance

Headquarters

HQ city

Florianópolis

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 (Normal, Additional, Facultative): Participants make regular contributions (Normal, Additional, or Facultative) to their individual account. For Patrocinado participants, the sponsor contributes an equal amount to the Normal contribution, doubling the savings. Revenue is generated through loading fees on contributions (reduced to 5% from January 2026, down from 7%) and through investment returns on the managed portfolio.
2. Risk Benefit Premiums (PAR - Parcela Adicional de Risco): Optional additional risk coverage contracted through Icatu Seguros, with premiums collected via payroll deduction. No loading fee applies to facultative contributions used for PAR.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels11 records

Core offering

SCPREV administers two defined-contribution complementary pension plans—Plano SCPREV for effective state public servants and Plano SCPREV MAIS for commissioned servers, legislative members, and municipal servants—built on individual participant accounts with 1:1 state employer matching. The offering includes the optional Parcela Adicional de Risco (PAR) providing death and disability coverage up to R$ 3,000,000, supported by online simulators, a participant portal, and automatic enrollment for new eligible servers.

Product overview

SCPREV (Fundação de Previdência Complementar do Estado de Santa Catarina) operates as a closed complementary pension entity (EFPC) administering two main pension plans for public servants. The Plano SCPREV is the primary plan for effective state public servants, while the Plano SCPREV MAIS serves commissioned servers, legislative members, and municipal servants. Both plans operate on a defined contribution model where individual reserves are built through participant contributions supplemented by sponsor contributions. The offering includes core pension accumulation plans along with optional risk benefits (Parcela Adicional de Risco - PAR), death and disability coverage, and online simulation tools for contribution planning and benefit estimation. The plans are structured to complement the public pension system limited by the INSS ceiling, providing additional retirement income for public servants.

Differentiator

Problem solved

Functional benefit

Brands

• Plano SCPREV: Pension plan for effective public servers of Santa Catarina state receiving above the INSS ceiling
• Plano SCPREV MAIS

Products and services

• Plano SCPREV The main complementary pension plan for effective public servants of Santa Catarina, structured as a defined-contribution plan where participants build individual reserves supplemented by 1:1 sponsor contributions. Provides complementary retirement income above the INSS ceiling, with tax deductions up to 20% of annual gross income, automatic enrollment since November 2017, and a 5% loading fee (reduced from 7% in January 2026).
• Plano SCPREV MAIS A complementary pension plan structured in the defined-contribution modality for commissioned server positions (cargo em comissão), members of the State Legislative Assembly of Santa Catarina, employees of state public companies where the State holds controlling interest, and municipal public servants. VMP (Valor Mínimo do Plano) of R$ 129.40 in 2026, with 1:1 employer match and tax-deductible contributions up to 12% of annual gross income.
• Parcela Adicional de Risco (PAR) Optional additional risk coverage provided through Icatu Seguros that provides financial protection for death and/or disability events. Maximum insured capital of R$ 3,000,000. No loading fee on PAR contributions, no health declaration required within 90 days of taking office, and premiums collected via payroll deduction with monthly income tax deduction benefit.

Quantifiable outcome

• 11.15% return over 12 months, surpassing reference target by 2.4 percentage points and IPCA by 6.4 percentage points
• +5 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature5 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Rio Bravo InvestimentoscoreStrategic or Co-development Partner · 29 July 2025Rio Bravo Investimentos, a leading Brazilian investment manager founded by Gustavo Franco (ex-president of the Central Bank of Brazil and architect of the Real Plan), invited SCPREV's Investment Director Carlos Augusto Alperstedt Neto to participate in a macroeconomic panel discussion. The event reinforced SCPREV's market recognition and provided strategic macroeconomic insights for investment management.
• Superintendência Nacional de Previdência Complementar (PREVIC)coreOthers · 1 May 2025PREVIC is the federal regulatory and supervisory body for closed supplementary pension entities (EFPCs) in Brazil. SCPREV is regulated by PREVIC under Lei Complementar 108/2001 and 109/2001. PREVIC publishes the Administrative Expenses Report that recognized SCPREV as the most efficient EFPC in Brazil with an IEFO of 0.1.
• Tribunal de Contas do Estado de Santa Catarina (TCE-SC)coreOthers · 1 January 2025TCE-SC is a key sponsor entity of SCPREV. SCPREV conducted institutional visits to TCE-SC to present results and discuss the launch of the SCPREV MAIS plan for commissioned servers. TCE-SC also hosts SCPREV's financial education course program. In July 2025, TCE-SC officially launched the SCPREV MAIS plan for its commissioned servers.
• Ministério Público de Santa Catarina (MPSC)coreOthers · 1 January 2025MPSC is a sponsor entity of SCPREV. In July 2025, SCPREV's executive team visited MPSC headquarters to present management results and reinforce the partnership. SCPREV participates in the MPSC's public prosecutor training program (curso de formação) to educate newly hired prosecutors about supplementary pension benefits.
• Defensoria Pública do Estado de Santa Catarina (DPE/SC)coreOthers · 1 January 2025DPE/SC is a sponsor entity of SCPREV. In June 2025, SCPREV's executive team presented annual results to the Defensoria Pública, including data on plan efficiency and growth. The meeting was attended by Defensor Público-Geral Dr. Ronaldo dos Santos and Subdefensor Dr. Thiago Burlani Neves.
• ConseprominorGTM or Marketing Partner · 1 January 2025Consepro, through its Commercial Head Rodrigo Maciel, invited SCPREV's Investment Director to participate in the Rio Bravo Investimentos macroeconomic panel, serving as a networking and market visibility partner.
• Governo do Estado de Santa CatarinacoreOthers · 1 January 2018The State of Santa Catarina authorized automatic enrollment for new public servants via Decree 1.552 of March 27, 2018, and provides the 1:1 employer contribution matching for sponsored participants. The state is the primary sponsor (Patrocinador) backing SCPREV's plans.
• Icatu SeguroscoreStrategic or Co-development Partner · 1 January 2016Icatu Seguros is the insurance company contracted via public procurement (Lei 8.666/1993) to provide risk benefits for SCPREV plans, including death and disability coverage (PAR - Parcela Adicional de Risco). Icatu agents identify as SCPREV representatives and contact newly enrolled servers to offer optional risk coverage. The company provides the capital segurado with premiums collected via payroll deduction.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Funpresp-Exedente: Closed supplementary pension fund for federal civil servants in Brazil. Most direct peer to SCPREV given similar EFPC structure, defined contribution model with employer match, and participant base of public servants above the INSS ceiling.
• São Paulo Previdência (SPPREV): Complementary pension entity linked to the State of São Paulo, structured for state public servants with employer match. Direct comparable given analogous single-state EFPC structure and target participant base.
• CAPEC (Caixa de Previdência dos Funcionários do Banespa): Closed pension entity for São Paulo state public sector employees. Direct comparable to SCPREV in operating a state-scoped defined contribution plan with sponsor matching and similar PREVIC regulatory regime.

Peers

• Previ (Caixa de Previdência dos Funcionários do Banco do Brasil):

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/scprev
• LinkedInlinkedin.com/company/scprev
• Instagraminstagram.com/scprev

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 SCPREV