Latest news and stories about retirement age in daily life in Portugal for expats and residents.
Portugal's pension model faces significant challenges as demographic shifts pressure the retirement age and contributory requirements, with proposals to lower the retirement age potentially costing 2.5 billion euros and reducing long-term benefits.
The Portuguese government has announced a strategic adjustment to the national retirement age, citing long-term sustainability concerns for the social security system.
Cuts to early retirement will worsen next year, rising to 17.63%.
In this episode, we summarise the main measures of the State Budget for 2026, which was approved today. We cover the increase in the retirement age and complaints about the support from the Environmental Fund. Internationally, Apple dethrones Samsung in mobile phone sales for the first time in 14 years.
The OECD report also indicates that state spending on pensions currently reaches 13% of GDP in Portugal, alongside countries such as Austria (14.8%), France (13.8%), and Finland (13.7%).
