The Portuguese who are now in the labor market and those who are beginning to work will receive pensions that will match less than half of what they received prior to retirement: the percentage is expected to exceed 57.5% of earnings in 2013 to 44.8% in 2025 and 30.7% in 2060, advancing to today’s edition of the journal public .
According to a report by the European Commission (EC), cited by the newspaper, the Portuguese social security system faces a serious problem related to the value of pensions that proposes to pay now or who will still enter the labor market.
The system’s sustainability is put into because an aging population, a result of increased life expectancy and low birth rate. In 2013 the percentage of people over 65 years on the working-age population (15 to 65) was 29.8% of the population in 2060 forecasts point to 63.9%. Thus, the adequacy of pensions is one of the issues mentioned as most important.
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