The Importance of Supplementary Private Pension as a Form of Life Planning

Objective: The objective of this study is to analyze the importance of supplementary private pensions, despite its main characteristic being its non-mandatory nature. Theoretical Framework: The approach to the importance of private pensions is justified because it is increasingly necessary for citizens to plan their future, especially due to the unknowns that current social security represents, given so many reforms and changes as governments succeed. Method: The methodology adopted for this research is a bibliographical and qualitative review, with a survey of materials available on doctrinal and academic bases that follow the historical evolution of social security, as well as discussing its essentiality to the insured's quality of life and the expansion of this institute that It can be a means of adding to the income of those who retire Results and Discussion: The results obtained revealed that it is concluded that, through the advancement of the private supplementary pension trajectory, this system has great potential for expansion and growth, and furthermore, the recognition of private supplementary pension can become a reference for new workers to ensure a financially more peaceful retirement. Research Implications: The practical and theoretical implications of this research are discussed, providing insights into how the results can be applied or influence practices in the field of Social Security Law. These implications may even include labor issues. Originality/Value: This study contributes to the literature by addressing a topic that has not yet been discussed much, since the main focus is on social security and not private security.