Portugal

Basic country data

  • Population 60 and over (2018)
  • 2,916,926
  • % of total
  • 28.3%
  • Population 60 and over (2050)
  • 3,747,989
  • % of total
  • 36.4%
  • Does the country have a social pension?
  • Yes
  • Region
  • Europe & Central Asia
  • Income group
  • High income

Data on social pensions

Pensao Social de Velhice (Old Age Social Pension)

Basic scheme information

Data on social pensions

  • Name of pension or programme
  • Pensao Social de Velhice (Old Age Social Pension)
  • Legislative Underpinning
  • Decreto-Lei n.º 160/80 (27th of May 1980) (First law)

2015

Old age social pensions: a guide (Portuguese)

Social old-age pension (Portuguese)

Eligibility criteria

2015

Old age social pensions: a guide (Portuguese)

Social old-age pension (Portuguese)

Adequacy

  • Monthly benefit (local currency)
  • 201.53 Euros
  • US$
  • 216
  • % of GDP per capita
  • 14.2%
  • $ PPP
  • 327.7
  • % of $1.90 poverty line (PPP)
  • 567%
  • Local amount detailed/other benefits
  • 201.53 Euros a month is paid. Payments in July and December are double the normal allowance at 456.40 Euros. This does not include the Solidarity Extra Supplement which is 17.54 Euros a month for eligible people under 70 years old and 35.06 Euros a month for eligible people over 70 years old.
  • References and notes

Resources on the pension in Portugal

Social pensions database

Explore the Social pensions database

Calculator

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