OECD Reviews of Pension Systems: Portugal by OECD

OECD Reviews of Pension Systems: Portugal by OECD

Author:OECD
Language: eng
Format: epub, pdf
Tags: finance/economics/socialissues
Publisher: OECD Publishing
Published: 2019-03-20T00:00:00+00:00


Key recommendations

Duly implement the link between increases in the retirement age and life expectancy gains.

Link the minimum age of early retirement to life expectancy gains. Abolish special retirement ages for specific professions.

Modify the way the sustainability factor is applied as its current use overly penalises early retirement. Instead, use the sustainability factor to adjust pension benefits across the board as an ultimate instrument to ensure financial sustainability given the other pension parameters. Once implemented, increase penalties per month of early retirement



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