Latest news and stories about expat pensions in Portugal for expats and residents.
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Valdemar Duarte, director of Ageas Pensions and member of APFIPP, advises retirees and those over 65 to find out how they can sell their house and receive a substantial pension supplement.

Pensions were one of the hottest topics in the discussion of the State Budget for 2026. In the end, the Government's will prevailed: the regular update provided for by law will be applied, but not a permanent extraordinary increase, as the Government had advocated. The socialists have already warned, however, that this will jeopardise purchasing power...

Data on inflation and GDP determine a 2.8% adjustment in pensions for the first tier, which includes 90% of pensioners.

Most pensions are expected to increase by nearly 2.8 percent next year.

Most pensions are expected to increase by 2.8 percent next year. This amount applies to pensions up to 1,073 euros.
Most pensioners will receive a 2.77% increase in their pensions starting from January next year, according to calculations by Lusa based on data released today by the National Institute of Statistics (INE).
The majority of pensions in Portugal are set to rise by 2.77% in the upcoming year, providing financial relief to retirees.

The National Institute of Statistics released data this Friday.

In January, most pensions are set to rise by 28%, providing significant financial relief to pensioners.

Latest inflation data confirms the estimates for pension adjustments next year. If there is budgetary flexibility, there may be an additional bonus, but it will be one-off.
The majority of pensions, which are up to 1,045 euros, are set to increase by 2.77% in January. The IAS is also expected to rise by 2.77% from the current 522.5 euros, reaching 536.97 euros.

Cuts to early retirement will worsen next year, rising to 17.63%.

The cut in pensions through the sustainability factor, applied to some early retirements, is expected to be 17.63% in 2026, an increase from 16.9% this year, according to calculations by Lusa based on data from INE.

The retirement age is set to increase to 66 years and 11 months in 2027, an increase of two months compared to the figure established for 2026, according to calculations based on provisional data released today by INE.
The retirement age in Portugal will increase to 66 years and 11 months by the year 2027.

The forecast is based on calculations using provisional data released by the National Institute of Statistics.

The retirement age will reach its highest level ever in 2027, approaching 67 years. Early retirement requests made from January next year will incur a reduction of 17.63%.

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%).

Anyone applying for early retirement next year will face a 17.63% cut due to the sustainability factor, according to calculations made by ECO based on average life expectancy data released this Thursday by the National Institute of Statistics (INE). This year's penalty was 16.93%. The sustainability factor [...]
