Net pensions rise after inflation and new IRS tables
Pensioners will see slightly higher net payments from this month after routine inflation adjustments and new IRS withholding tables were applied; simulations show, for example, a gross €1,000 pension could yield roughly €27 more net. The change reflects updated income‑tax (Imposto sobre o Rendimento das Pessoas Singulares or IRS) withholding rates rather than a direct benefit increase. Pension recipients should check payslips to confirm new net amounts.
The IRS withholding tables are government-published schedules used by employers, pension payers and other payers to calculate how much personal income tax (personal income tax (Imposto sobre o Rendimento das Pessoas Singulares) — IRS) must be deducted from each pay period. They take into account gross pay, pay frequency, marital status and dependents; updates (usually published annually or when the budget changes) affect your monthly take-home pay and are reconciled with your annual tax return (Modelo 3).
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 ...
Gouveia e Melo suggests Montenegro should bring the Health Minister to the campaign
Gouveia e Melo assures he will never allow pensions to be cut as António José Seguro did at the time of the Troika.
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.
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, ...
Government aims to strengthen savings and financial literacy among the Portuguese
Portugal is going through “a moment of deserved and much-needed stability” that allows the Government to plan “a better future for the Portuguese,” said Minister of State and Finance Joaquim Miranda Sarmento on Monday during the conference of the Supervisory Authority for Insurance and Pension Funds (ASF) in Lisbon. According to the minister, after ...
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.
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.
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.
Catarina Martins denounces 'heirs of Passos'
The candidate fired barbs at Mendes, Seguro, Ventura and Cotrim, and argued that 'anyone who wants to stand up for wages, for pensions and to respect the Constitution' knows 'who to vote for', referring to herself.
678 emigrants' pensions in Luxembourg and Switzerland suspended for lack of proof of life
Portuguese Social Security pensions for 678 emigrants in Luxembourg and Switzerland were suspended because they did not provide proof that they are alive in time. According to official figures, the payments will be made as soon as the proof-of-life checks are completed.
A majority in six European countries believes that state pensions will become unsustainable
A YouGov survey conducted across six European countries finds that many consider pension payments too low and oppose measures such as raising the retirement age or making cuts.
From eggs to tolls: which prices will rise in 2026?
Tolls and public transport fares will be more expensive. Eggs and meat will undergo further rises. Incomes and pensions are set to increase. We tally up the costs for 2026. Alexandra Machado is the guest.
Portugal retirement age to rise again
Home News Portugal retirement age to rise again Portugal retirement age to rise again A decree published this Monday confirms calculations made by ECO based on average life expectancy.
