The great lie of the pension for retirement
The only secure 'pension' is the one we build with our own assets, the result of our work and private savings. The old social contract has ended.
Damian Jaworski to be new executive director of EIOPA in 2026
The European Parliament approved the appointment of Polish national Damian Jaworski as executive director of the European Insurance and Occupational Pensions Authority (EIOPA). He will take up the role on 1 April 2026 for a five-year term. The choice of Jaworski results from ...
UK budget 2025 – the tax measures
Chancellor Rachel Reeves explained that she was choosing a budget for “fair taxes, strong public services, and a stable economy.” She aims to cut the cost of living, reduce NHS The post UK budget 2025 – the tax measures appeared first on Portugal Resident.
Why the retirement age by decree no longer makes sense?
It's time to transform retirement from an automatic closure of a cycle into a conscious, competent, and contributory choice.
CES calls for reliable data on Social Security and CGA
The Economic and Social Council (CES) advocated on Tuesday for the need for “reliable, complete, and dignified” financial information regarding Social Security and the General Pension Fund, emphasizing the importance of this transparency for citizens. During a hearing in the Budget, Finance and Public Administration Committee, council member Óscar Gaspar stated that there has been ...
CMVM launches comparator to help choose PPR
The Securities Market Commission has launched a tool that features 77 plans in the form of investment funds.
Lisbon and Setúbal have the highest pensions in the country, Bragança has the lowest
Last year, retirees received an average pension of €652. In Lisbon, Setúbal, and Porto, pensions are above the average, while the rest of the country falls below. Workers are retiring with a pension equivalent to 84% of their net salary.
CMVM follows insurance supervisor and launches comparator for Retirement Savings Plans (PPR)
The Securities Market Commission (CMVM) has made available a tool from this Monday that allows Portuguese investors to compare Retirement Savings Plans (PPR) set up as investment funds, which currently total 77 products. The platform organizes the products by returns (over one, two, three, five, and ten years), operational costs ...
PPRs continue to promise a lot and deliver very little. It was the same in 2025
Retirement Savings Plans (PPR) were established 36 years ago as a central part of the retirement savings strategy in Portugal and quickly gained the trust of the Portuguese people. Today, they are still widely sold by banks and insurance companies as the 'star' product to ensure a retirement supplement, with aggressive advertising campaigns launched at the end of each...
Half of pensioners receive less than €462 per month
Home News Half of pensioners receive less than €462 per month Half of pensioners receive less than €462 per month Half of old-age pensioners received a pension below €462, despite an average of €645, according to data analysed by economists at the Bank of Portugal (BdP).
Half of old-age pensioners will receive less than 462 euros in 2024
Last year, the average age of pensioners was 75, with women being 15 months older than men on average.
Half of elderly pensioners will receive a pension below 462 euros in 2024, says Bank of Portugal
Half of elderly pensioners received a pension below 462 euros, despite the average being 645 euros, according to data analysed by economists from the Bank of Portugal (BdP), who also highlight the gender differences.
Half of pensions below €462, says Bank of Portugal
According to the Bank of Portugal, half of the pensions in the country are below the threshold of €462.
Half of pensioners received less than 462 euros per month
Analyses concluded that a large portion of pensioners received an amount below the average in 2024. The data also revealed a significant disparity between the pensions of women and men.
People work 9 more years than in 2018 to access retirement, half of pensioners earn less than 462 euros
In Portugal, individuals are now required to work an additional 9 years compared to 2018 in order to qualify for retirement benefits, with half of all pensioners receiving less than 462 euros per month.
Half of old-age pensioners will receive less than 462 euros in 2024
Last year, the average age of pensioners was 75, with women being 15 months older than men on average.
There are more and more elderly pensioners working: last year, there were 11,000 more
The number of elderly pensioners who are still working has increased, with an additional 11,000 reported last year.
Labour Minister summons UGT for new meeting
A meeting is scheduled for next Tuesday at five in the afternoon, taking place a day after the general strike. Also in this news, most pensions will indeed increase by 2.8% in January.
Most pensions will indeed increase by 2.8% in January
Pensions up to 1,045 euros will indeed increase by 2.8% at the beginning of 2026, as indicated by the preliminary figures from INE that confirmed the inflation trend for November.
PPRs are sold out as savings
The sector regulator advocates for the creation of new savings products for retirement.
ASF reveals 18 objectives to change Insurance by 2028
Greater openness to stakeholders and a strong internal technological investment are key ideas in the Strategic Plan for the 2026–2028 triennium of the Insurance and Pension Funds Supervisory Authority (ASF), released this Tuesday, summarising in 18 points the objectives that will be pursued to “help create the future,” according to the words of ...
Nine Test. Will pensioners lose income as the PS says?
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...
The Crisis That Has Already Begun
The European Union is currently undergoing a structural transformation that is both silent and inevitable: the demographic transition. With an ever-increasing average life expectancy and birth rates consistently below the replacement level, we are facing a structurally aging European Union, and Portugal stands out, worryingly, as one of the oldest nations...
