AN ANALYSIS OF THE CONTRIBUTIONS AND WITHDRAWALS FLOW OF PRIVATE PENSION PLANS IN THE PANDEMIC

• Autor(a) principal: Oliveira, Elis Regina de
• Data de Publicação: 2024
• Outros Autores: Ramos, Hemily Barbuda de Jesus, Ferreira Neto, Brasilino José, Silva, Antônio Torquato
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: Revista Evidenciação Contábil & Finanças
• Texto Completo: https://periodicos.ufpb.br/ojs2/index.php/recfin/article/view/61699

Goal:  Analyze the relationship between investments and withdrawals in the private pension system with socioeconomic indicators (Jan. 2019 to Apr. 2021), as well as establish a comparison between two periods: before and during the pandemic caused by Covid-19. Basis: Based on the theory of consumer behavior, assuming that consumers maximize their welfare by making choices, the investors make contributions and withdrawals for investments in pension plans guided by financial and pension education and literacy. Method: A quantitative, descriptive, and documentary research was carried out, with data analyzed by descriptive statistics, mean test (Wilcoxon, 1%), and correlation test (Spearman, 5%). Results: The results showed a strong increase in withdrawals for the system and the VGBL product, with 99% confidence. The withdrawals in the system and contributions to traditional plans showed significant associations with pandemic, unemployment, interest, and exchange rate indicators, with 95% confidence. Contributions: This allows an understanding of the behavior of investors in survivorship income, before and during the pandemic, with elements to reflect on the importance of financial and pension education and literacy.