Legal Architecture of Pensions in Portugal: Between the Norm and Systemic Transformation
The discussion about the future of pensions in Portugal has ceased to be an academic exercise and has become a legal, social and political urgency. The starting point is simple: the regulatory framework that structures the public pension system was designed for a country with a demographic pyramid that no longer exists. Today, the ...
Step-by-step: how to create a sub-account on Social Security
Two-factor authentication (2FA) will become mandatory for all users of the Social Security and Tax and Customs Authority portals. To prevent disruptions to certified accountants who work on behalf of clients, organisations can create delegated sub-accounts that carry defined permissions; these sub-accounts must also be protected with 2FA. The article outlines a step‑by‑step approach: prepare the primary account and enable 2FA, create and configure sub‑accounts, assign appropriate access levels, verify identity and authentication methods for each sub‑account, and document administrative procedures to maintain security and continuity. It also notes operational implications for accountants, compliance risks, and practical best practices for managing delegated access securely.
Lawyers' and Solicitors' Pension Fund made profits of €40–50 million in 2025
The re-elected president, Victor Alves Coelho, announced a new extraordinary subsidy for pensioners.
Seguro tells Gouveia e Melo he still "has one more day" to make "a proposal for the country"
The admiral had criticised the Socialist Party (PS) candidate, recalling the pension cuts during the 'troika' period.
Most Portuguese do not believe they will have sufficient income in retirement
The “Eurobarometer 2025: consumer trends in insurance and pension services”, by the European Insurance and Occupational Pensions Authority (EIOPA), reveals that the majority of Portuguese are not financially prepared for retirement: low take-up of private pensions and low confidence in a comfortable life in retirement point to a worrying future. In the survey on trends ...
Pensioner lawyers to receive extraordinary grant, says CPAS president
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 ...
Gouveia e Melo links Seguro to pension cuts during the 'troika' period
The presidential candidate Gouveia e Melo today linked his opponent, António José Seguro, to cuts in pension payments during the 'troika' period and vowed that, if elected, he would veto any decree to that effect.
Former Social Security technician handed a suspended sentence
The technician altered the status of cases relating to unemployment benefit payments, which were partially credited to her account. She was also ordered to pay a fine of €12,000.
How much does chronic pain cost in Portugal?
Chronic pain affects more than three million people in Portugal, exacerbates social inequalities and is an economic problem with various associated costs, warns anaesthetist Nuno Franco.
Seguro appeals to undecided voters and opposes privatisation of Health and Social Security
Presidential candidate António José Seguro today addressed undecided voters, from the left to the centre-right, asking for a 'useful vote' in an election in which 'two countries' are at stake, warning that Health and Social Security 'cannot be privatised'.
ASF Conference: 'It's politically taboo to talk about pensions'
Raising savings for long-term investments, such as for retirement, brought together four leading insurers in the mobilisation and management of Portuguese savings for a debate during the conference held by ASF this Monday. 'Turning savings into a strategic instrument' was the theme cited by Isabel Castelo Branco — President of BPI Vida e Pensões, ...
Young people cannot view the future of pensions with 'distrust'
The Finance Minister said at a conference on savings that 'it is essential to ensure that younger generations have the perception that today's effort will yield returns tomorrow'.
Public pensions will hardly guarantee adequate incomes
Public pension systems will always be “the essential foundation”, but “will hardly guarantee adequate incomes for everyone” in the future, warns European Commissioner Maria Luís Albuquerque.
There is a region of Portugal where poverty keeps rising — blamed on the State's 'lack of attention' and the growth of 'precarious immigration'
New data from Portugal's Survey on Living Conditions and Income show one region has the country's highest incidence of monetary poverty, with 17.9% of residents living below the poverty threshold. Analysts and local actors attribute the rise to a combination of state neglect, insufficient social-protection measures, the growth of precarious immigration and unstable work, and wider cost-of-living pressures — factors that together depress incomes and worsen social indicators. The figures point to a need for targeted regional policies on social security, employment quality and integration to reverse the trend.
In the North, Rio joins Gouveia e Melo in a barrage of criticism of the right and of Seguro
The candidate for Belém visited the districts of Porto and Braga. Complaints from older people about low pensions led him to criticise those who have spent many years in politics without resolving the problems.
Business leaders say they may ask the Government for more time to withdraw millions from the Labour Compensation Fund (FCT)
The president of the Confederation of Tourism of Portugal (CTP), Francisco Calheiros, acknowledges that it is not certain companies will be able to redeem the entire €517 million still in the Labour Compensation Fund (FCT) by the end of this year. He therefore warns that 'it cannot be ruled out that this may...'.
Cotrim writes to Montenegro to negotiate three reforms
The Liberal candidate promises in writing to support the Government if they jointly agree on three reforms. He proposes healthcare, the economy and social security, and says that Seguro has already reached the second round.
January pensions paid with uprating applied
Pensioners have begun to receive their pension payments already including the increase provided for in law. Pensions are uprated by 2.8 per cent.
Subaccounts to bypass two-factor authentication may be created for all taxpayers by the end of January
Subaccounts should be able to be created for all taxpayers, both corporate and individual, by the end of January so that certified accountants can access clients' information available on the Social Security (SS) and Tax and Customs Authority (AT) portals. The aim is that two-factor authentication, a reinforcement ...
Government is expected to receive the Social Security report this month
Susana Filipa Lima said on Wednesday, at a parliamentary hearing, that there will be a meeting with the group set up to assess the sustainability of Social Security later this month.
Government set to receive interim report on the sustainability of Social Security this month
The Secretary of State for Social Security said this Wednesday that a meeting with the working group set up to study the sustainability of Social Security is scheduled “for the end of this month” for the presentation of the interim report. "At the moment, we have scheduled for the end of this month a meeting with the working group [created to ...
New minimum wage forces companies to spend an extra €866 per year per worker
A rise in the guaranteed national minimum wage to €920 gross per month, together with higher employer Social Security contributions, will raise labour costs by about €866 a year for each worker on the minimum wage. The increase reflects both direct pay and associated employer charges and will squeeze firm margins — particularly in low-margin sectors — with potential knock‑on effects on prices, hiring decisions and informal employment. Policymakers and businesses will need to weigh targeted support, phased implementation or productivity measures to offset the impact on competitiveness and employment.
Let's face the new year with optimism
This analytical piece urges readers to adopt an optimistic stance for the new year and to move past complaints about the recent increase in the retirement age. It explains that demographic shifts and the strain on social security systems underpin the policy change, outlines labour and legal implications for workers — including expatriates — and argues that better communication, phased implementation, retraining and age-friendly workplace measures would protect wellbeing while ensuring fiscal sustainability.
Family providing foster care for two children loses parental allowance. "It's an injustice"
A family providing foster care for two children has been ordered by Social Security to repay more than €5,500 after losing their parental allowance. The parents call the demand an injustice and cite contradictory information and a lack of support from official services. The case highlights administrative confusion around parental-benefit eligibility, potential gaps in guidance for foster and expat families, and wider questions about transparency and appeals in welfare policy.
