Last year, the General Pension Fund gave the green light to 23,300 new pensions requested by civil servants (14.6% more than in 2013), most of which relates to early retirement. The CGA dispatched 12,911 requests for anticipation, the highest value of the last decade and representing 55.4% of all new reforms. The data in the report and accounts of the CGA sent on Tuesday to the unions, who were summoned to a meeting of the Advisory Board scheduled for July 13.
The record number of early retirements, justifies the CGA, relates mainly to requests received at the end of 2012, following the exceptional influx of early retirement requests originated by prior knowledge of the worsening retirement conditions from 2013 “and ensuring that the requests would benefit from the old rules.
On average, civil servants anticipated that the reform had a penalty of 12.3%. The cut was, however, lower than that applied in 2013 (14.6%). This decrease has to do with the fact that most of these pensions are the result of applications lodged in 2012 and still benefited from less penalizing rules than those currently in force.
At the same time as early retirement reached the highest value of the decade, normal reforms (so-called voluntary) recorded the lowest number and has not exceeded 3,847. This was the result “of the successive increases in the normal retirement age access ode old age pension, which rose from 62.5 years in 2010 to 66 in 2014,” notes the Executive Board of the CGA, Nuno Fernandes Thomaz chaired by.
To have a comparison, the 19,530 attributed reforms in 2005, 8.1% were prepaid and 53.9% were voluntary. In 2014, these percentages are reversed, and total new assigned pensions, 55.4% were anticipating and 16.5% to voluntary reforms.
Looking for the source area of the employees who have retired in 2014, it is concluded that most worked in Central Administration, although there has been a reduction in the number of people from these organisms. The largest increases occurred in the security forces, where the number of pensioners had increased by 82.5% and in municipalities with over 80% of retirees than in the previous year.
The total number of retirees and pensioners of the CGA has been increasing at an average rate of 2.7% in recent years, being 482,706 at the end of last year. The number of subscribers has been declining at a rate of 4.6%. These dynamics are a result of the fact that since January 2006, CGA is a closed system (which does not accept new subscribers) and therefore prone to be deficient.
Reimbursement State increases 47.9 million
In 2014, the CGA has spent 9,492 million euros in pensions and other allowances, an increase of 729 million compared to the budget. This deviation is justified in the report, was due to lead the new Constitutional Court Solidarity Extraordinary Contribution (which was more severe) and the judgment that eliminated the cuts in compensation of employees with effect for a few months, which led to an increase in spending on pensions that are indexed to wages, as well as the recalculation of survivors’ pensions.
The receipts amounted to 4384 million euros, leaving 526 million higher than budgeted, because increased contributions by abolishing the wage cuts, among other measures.
The combination of these factors caused the state reimbursement to ensure the CGA’s financial balance has been higher than expected at 47, 9 million euros, amounting to 3870 million euros.
On average, CGA took eight months to send requests and to give green light to the award of pensions, below the target that was set and that He pointed to a period of six months answer. This did not surprise the institution’s leaders who recognize that the CGA activity “was strongly influenced by the change of the pension scheme.” And take for example the changes in the legal age for access to pensions and calculation formula. “Successive changes to the CGA pension scheme, which is currently fairly complex, permanently require a great adaptability of the CGA staff (…), the instructional process area one of the most affected.”
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