Latest news and stories about pensioners in finance in Portugal for expats and residents.
Millions of pensioners in Portugal will receive a double payment this month, combining their regular July pension with their annual holiday allowance. The specific payment dates vary depending on the individual's enrollment in the social security system.
Taxpayers with lower incomes, including pensioners, may be eligible to recover tax withheld at source on interest income.
A question regarding when Prime Minister Luís Montenegro will address the concerns of pensioners.
Miranda Sarmento did not rule out the possibility of a new cheque for pensioners. However, he knows well that it will only be possible by a miracle.
The solidarity supplement for the elderly (CSI) reached almost 240,000 beneficiaries in the third month of the year, according to the statistical bulletin published by the Strategy and Planning Office (GEP) of the Ministry of Labour. The average payment was around 217 euros, which corresponds to an increase of 7.1% compared to what it had been previously.
The Minister of Finance admitted today that the Government may lower income tax by a greater margin than provided for in the AD's electoral programme, but did not guarantee that an extraordinary supplement will be paid to pensioners again this year.
Finance Minister Joaquim Miranda Sarmento acknowledges that it will be 'harder to implement' further IRS tax cuts and a new bonus for pensioners between 100 and 200 euros in 2026. He stated, 'We have always been very transparent that 2026 would be the most demanding budget year of the legislative term, and we have always said that...'
The Lawyers and Solicitors' Pension Fund (CPAS) announced it will award a new extraordinary grant to pensioners later this year, as part of a broader package of social support measures. In his inauguration speech, Victor Alves Coelho, re-elected in November as president of the CPAS Board, emphasised the ambition of ...
