Study Commissioned by the Government to Undo the Illusion: After All, Social Security Has a Deficit of €1.94 Billion
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5 Articles
These are the conclusions of a study requested by the government to deepen the sustainability of social security. Still, more than 900 operatives fight three major fires in the country.
Accounts made by the working group led by Jorge Bravo conclude that the social security system has been in deficit since at least 2014. Minister of Social Security has not yet sent the study to the social partners.
Social Security may be far from the loose scenario that the official numbers have presented. An analysis carried out by experts concludes that the social security system will have ended 2025 with a deficit of 1.94 billion euros, instead of the surplus of 6.7 billion dollars indicated by the official accounts. The conclusions were presented this Tuesday by Jorge Bravo, an economist who leads the group of experts responsible for the analysis of so…
The report “Reforming pensions in Portugal – towards a sustainable, adequate and fair system” is being presented this Tuesday, August 18th, in Lisbon.
Group coordinated by Jorge Bravo warns that the surplus Social Security gives an incomplete image of the sustainability of the system and anticipates lower future pensions. The answer goes through a new formula of calculation, the revision of the minimum complements and new plans that go from automatic saving from childhood to mechanisms to transform the home own of the elderly into income
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