The retirement age will be set at 66 years and 11 months in 2027, according to calculations made by ECO based on average life expectancy data published this Thursday by the National Institute of Statistics (INE). This represents an increase of two months compared to the normal retirement age.
Retirement age rises to 66 years and 11 months in 2027

Context & Explainers
Segurança Social is Portugal's public social security system, responsible for administering pensions, unemployment benefits, sickness pay, parental leave, family allowances, and other social support payments. It is funded through mandatory contributions from employers and employees.
Most services are managed online through Segurança Social Direta (SSD), where users can check contribution records, apply for benefits, submit declarations, and track payments using their NISS (Social Security Identification Number) and Citizen Card credentials.
Key interactions for residents include registering as a contributor (mandatory for all workers), claiming unemployment benefits, applying for parental leave, and accessing the minimum income scheme (Rendimento Social de Inserção). Self-employed workers (trabalhadores independentes) must also make quarterly income declarations through the platform.










