IPREMO

IPREMO

IPREMO was established in 2002 as the Instituto de Previdência Municipal de Ouroeste, a single-employer public pension plan for the municipality's civil servants in the northwest of São Paulo state. The fund is sponsored and funded by the Municipality of Ouroeste, with contribution rates set by municipal law. Governance rests with a board of administration chaired by Aparecido Correa Junior, while Luis Alberto Silva serves as president director and Adriano Maticolli Barro as executive director. The fund operates under Resolution CMN 4,963/2021, which prescribes asset-allocation bands for Brazilian RPPS. Allocations are typically concentrated in government bonds, Brazilian equities, and domestic real estate. IPREMO participates in the regional association APEPREM, which represents municipal pension funds across São Paulo and facilitates shared service procurement and regulatory advocacy. Known holdings are not publicly itemized, consistent with the disclosure practices of smaller RPPS. IPREMO is one of several hundred small-scale municipal pension funds in São Paulo, each responsible for the actuarial solvency of its own beneficiary pool. Asset size is not publicly disclosed. The fund operates from a single office at Avenida dos Bandeirantes in Ouroeste. The structural differentiator for IPREMO is its integration with the municipal treasury of Ouroeste, which grants it a captive, non-competitive funding base but also ties its investment policy directly to local fiscal outcomes and the political cycle. This architecture — a single-sponsor RPPS embedded in a small municipality — makes it a deeply localized, policy-constrained allocator rather than a market-facing institutional investor.