Previndai provides for pension benefits according to a system based on individual capitalization of the contributions
It offers the utmost flexibility with regards to the pension needs and attitude towards risks of members. They have the possibility to build their future pension benefits according to their own time horizon and their risk appetite, since they can choose to allocate separately current contributions, past contributions and the amounts deriving from incoming transfers, also on different portfolios at the same time.
At the moment of its funding, the Fund had only one portfolio open for investments, that today is called the Assicurativo 1990. Since 2005, Previndai launched a multi-portfolio management of the resources: two financial portfolios, Bilanciato and Sviluppo, have been added to the original insurance portfolio, Assicurativo 1990.
On January 1st, 2014, until 31 December 2023, all contributions invested in the insurance portfolio have been allocated and continue to be allocated in the Assicurativo 2014 portfolio.
Starting from 1st January 2024 a new insurance plan has been set up – Assicurativo 2024 – and all the resources invested in the insurance portfolio are allocated there.