Centeno's pension reform fits within the existing Banco de Portugal pension fund
Centeno's departure from the central bank was reported last Friday.

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Centeno's departure from the central bank was reported last Friday.

Former governor Mário Centeno will leave the Bank of Portugal (BdP) through the retirement scheme under the central bank's existing pension fund, an official source told Lusa.

The Minister of Labour announced this Wednesday that €5.5 billion will be transferred to the Social Security Financial Stabilisation Fund (FEFSS), that is, to the so-called 'pension cushion'. In a parliamentary hearing, Maria do Rosário Palma Ramalho also said that, over the course of a year, three million fewer people used in-person service counters ...

The re-elected president, Victor Alves Coelho, announced a new extraordinary subsidy for pensioners.

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 ...
