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PENSION PLANS AND OTHER POST-EMPLOYMENT BENEFITS (Tables)
 12 Months Ended
Dec. 31, 2023
PENSION PLANS AND OTHER POST-EMPLOYMENT BENEFITS  
Schedule of plans sponsored by the Company and its subsidiaries and related benefit types
PlanTypeEntitySponsor
PBS-ADefined benefit (DB)SistelTelefônica Brasil, jointly with other telecoms resulting from privatization of the Sistema Telebrás
PAMA / PCEDefined benefit (DB)SistelTelefônica Brasil, jointly with other telecoms resulting from privatization of the Sistema Telebrás
Healthcare – Law No. 9656/98Defined benefit (DB)Telefônica BrasilTelefônica Brasil, Terra Networks, TGLog, TIS, IoTCo Brasil and CloudCo Brasil
CTBDefined benefit (DB)Telefônica BrasilTelefônica Brasil
Telefônica BDDefined benefit (DB)VisãoPrevTelefônica Brasil
VISÃO Defined contribution (DC) / HybridVisãoPrevTelefônica Brasil, Terra Networks, TGLog, TIS, IoTCo Brasil and CloudCo Brasil
Schedule of reconciliation of net liabilities (assets)
12.31.202312.31.2022
Post-retirement pension plansPost-retirement health plansTotalPost-retirement pension plansPost-retirement health plansTotal
Present value of DB plan obligations2,167,726 1,917,650 4,085,376 1,969,220 1,495,397 3,464,617 
Fair value of plan assets3,233,947 920,586 4,154,533 3,273,309 909,271 4,182,580 
Net liabilities (assets)(1,066,221)997,064 (69,157)(1,304,089)586,126 (717,963)
Asset limitation1,072,192 — 1,072,192 1,368,814 114,804 1,483,618 
Current assets(30,673)— (30,673)— — — 
Non-current assets(43,375)— (43,375)(4,161)— (4,161)
Current liabilities8,683 22,905 31,588 7,643 19,734 27,377 
Non-current liabilities71,336 974,159 1,045,495 61,243 681,196 742,439 
Summary of total expenses recognized in the income statement
202320222021
Post-retirement pension plansPost-retirement health plansTotalPost-retirement pension plansPost-retirement health plansTotalPost-retirement pension plansPost-retirement health plansTotal
Current service cost1,747 9,378 11,125 1,857 13,667 15,524 2,184 21,361 23,545 
Net interest on net actuarial assets/liabilities5,903 68,825 74,728 (2,466)51,628 49,162 (7,062)70,436 63,374 
Total7,650 78,203 85,853 (609)65,295 64,686 (4,878)91,797 86,919 
Summary of amounts recognized in other comprehensive income (loss)
202320222021
Post-retirement pension plansPost-retirement health plansTotalPost-retirement pension plansPost-retirement health plansTotalPost-retirement pension plansPost-retirement health plansTotal
Actuarial losses (gains)352,011 352,974 704,985 (46,511)6,843 (39,668)(70,083)(399,872)(469,955)
Asset limitation effect(431,071)(126,032)(557,103)46,240 71,149 117,389 56,024 17,008 73,032 
Total (79,060)226,942 147,882 (271)77,992 77,721 (14,059)(382,864)(396,923)
Schedule of changes in amount net of liability (asset) of defined benefit, net
12.31.202312.31.2022
Post-retirement pension plansPost-retirement health plansTotalPost-retirement pension plansPost-retirement health plansTotal
Net defined benefit liability (asset) at the beginning of the year64,725 700,930 765,655 (26,359)581,025 554,666 
Expenses7,650 78,203 85,853 (609)65,295 64,686 
Sponsor contributions(10,108)(9,011)(19,119)(7,529)(23,382)(30,911)
Amounts recognized in OCI(79,060)226,942 147,882 (271)77,992 77,721 
Distribution of reserves22,764 — 22,764 99,493 — 99,493 
Net defined benefit liability (asset) at the end of the year5,971 997,064 1,003,035 64,725 700,930 765,655 
Actuarial assets per balance sheet(74,048)— (74,048)(4,161)— (4,161)
Actuarial liabilities per balance sheet80,019 997,064 1,077,083 68,886 700,930 769,816 
Schedule of results projected for 2023
Post-retirement pension plansPost-retirement health plansTotal
Current service cost2,037 15,806 17,843 
Net interest on net defined benefit liability/asset71 91,769 91,840 
Total2,108 107,575 109,683 
Schedule of sponsoring company contributions projected for 2023
Post-retirement pension plansPost-retirement health plansTotal
Sponsor contributions1,818 49 1,867 
Benefits paid directly by the sponsor8,684 23,008 31,692 
Total10,502 23,057 33,559 
Schedule of average weighted duration of defined benefit liability
Post-retirement pension plansPost-retirement health plans
In 20238.0 years13.8 years
In 20227.8 years13.5 years
Schedule of actuarial assumptions
12.31.2023
Post-retirement pension plansPost-retirement health plans
Discount rate to present value of defined benefit liability8.90% to 9.07%9.07% to 9.18%
Future salary growth rate4.57% to 6.60%N/A
Medical expense growth rateN/A6.61%
Nominal annual adjustment rate of pension benefits3.50%N/A
Medical service eligibility ageN/A59 to 63 years
Estimated retirement age57 to 60 years59 to 63 years
Mortality table for nondisabled individualsAT-2000 Basic segregated by gender, down-rated by 10% and 50%AT-2000 Basic segregated by gender, down-rated by 10%
Mortality table for disabled individualsRP-2000 Disabled Male, down-rated by 60%RP-2000 Disabled Male, down-rated by 60%
Disability tableLight-Forte, Álvaro Vindas (down-rated by 50%) and Light-Fraca, down rated by 50%Light-Forte
TurnoverTurnover experience in VISÃO plans (2018 to 2022)Turnover experience in VISÃO plans (2018 to 2022)
12.31.2022
Post-retirement pension plansPost-retirement health plans
Discount rate to present value of defined benefit liability9.75% to 9.83%9.78% to 9.83%
Future salary growth rate4.57% to 6.35%N/A
Medical expense growth rateN/A6.61%
Nominal annual adjustment rate of pension benefits3.50%N/A
Medical service eligibility ageN/A59 to 63 years
Estimated retirement age57 to 60 years59 to 63 years
Mortality table for nondisabled individualsAT-2000 Basic segregated by gender, down-rated by 10% and 50%AT-2000 Basic segregated by gender, down-rated by 10%
Mortality table for disabled individualsRP-2000 Disabled Male, down-rated by 60%RP-2000 Disabled Male, down-rated by 60%
Disability tableLight-Forte, Álvaro Vindas (down-rated by 50%) and Light-Fraca, down rated by 50%Light-Forte
TurnoverTurnover experience in VISÃO plans (2015 to 2017)Turnover experience in VISÃO plans (2015 to 2017)
In addition to the assumptions presented in the tables above, for 2023 and 2022 other assumptions common to all plans were adopted, as follows: (i) long-term inflation rate: 3.50% in 2023 and 3.50% in 2022; and (ii) annual increase in the use of medical services according to age: 4.00% in 2023 and 2022.
Present value of defined benefit obligation [member]  
PENSION PLANS AND OTHER POST-EMPLOYMENT BENEFITS  
Schedule of results projected for 2023
12.31.202312.31.2022
Post-retirement pension plansPost-retirement health plansTotalPost-retirement pension plansPost-retirement health plansTotal
Defined benefit liability at the beginning of the year1,969,220 1,495,397 3,464,617 2,066,175 1,401,044 3,467,219 
Current service costs1,747 9,378 11,125 1,857 13,667 15,524 
Interest on actuarial liabilities183,161 143,981 327,142 169,354 121,216 290,570 
Benefits paid (192,759)(69,670)(262,429)(188,382)(70,975)(259,357)
Member contributions paid231 — 231 368 — 368 
Actuarial losses (gains) adjusted by experience89,991 156,879 246,870 63,005 189,038 252,043 
Actuarial losses (gains) adjusted by financial assumptions115,649 155,209 270,858 (143,157)(158,593)(301,750)
Defined benefit liability at the end of the year486 26,476 26,962 — — — 
Defined benefit liability at the end of the year2,167,726 1,917,650 4,085,376 1,969,220 1,495,397 3,464,617 
Plan assets [member]  
PENSION PLANS AND OTHER POST-EMPLOYMENT BENEFITS  
Schedule of changes in amount net of liability (asset) of defined benefit, net
12.31.202312.31.2022
Post-retirement pension plansPost-retirement health plansTotalPost-retirement pension plansPost-retirement health plansTotal
Fair value of plan assets at the beginning of the year3,273,309 909,271 4,182,580 3,310,273 860,165 4,170,438 
Benefits paid(184,151)(60,705)(244,856)(182,298)(47,636)(229,934)
Participants contributions paid231 — 231 368 — 368 
Sponsor contributions paid1,500 46 1,546 1,445 43 1,488 
Interest income on plan assets311,706 86,385 398,091 276,655 73,096 349,751 
Return on plan assets excluding interest income(145,884)(14,411)(160,295)(33,641)23,603 (10,038)
Distribution of reserves(22,764)— (22,764)(99,493)— (99,493)
Fair value of plan assets at the end of the year3,233,947 920,586 4,154,533 3,273,309 909,271 4,182,580 
Effect of asset ceiling [member]  
PENSION PLANS AND OTHER POST-EMPLOYMENT BENEFITS  
Schedule of changes in amount net of liability (asset) of defined benefit, net
12.31.202312.31.2022
Post-retirement pension plansPost-retirement health plansTotalPost-retirement pension plansPost-retirement health plansTotal
Asset Limitation at the beginning of the year1,368,814 114,804 1,483,618 1,217,739 40,146 1,257,885 
Interest on the asset limitation134,449 11,228 145,677 104,835 3,509 108,344 
Changes in the assets limitation, except interest(431,071)(126,032)(557,103)46,240 71,149 117,389 
Asset Limitation at the end of the year1,072,192 — 1,072,192 1,368,814 114,804 1,483,618