Pensions in 2023

Pensions in 2023

On January 9, 2023, the following Ordinances were published:

  • Ordinance No. 24-A/2023, which proceeds to update work-related accident pensions to the value resulting from the application of the 8.4% increase percentage.
  • Ordinance 24-B/2023, which determines the update of pensions of the general social security regime and the convergent social protection regime attributed prior to January 1, 2022, under the following terms:
    • Increase of 4.83% for pensions up to 960,86€;
    • Increase of 4.49% for pensions between 960.87€ and 2.882,58€;
    • Increase of 3.89% for pensions worth 2.882,58€ or more.
  • Ordinance no. 24-C/2023, which determines the Revaluation Coefficients to be applied to the update of the annual recorded remunerations that serve as the calculation basis for pensions initiated during 2022, which are contained in the tables that constitute annexes i and ii of this ordinance.
Elsa Rodrigues

Elsa Rodrigues

Founding Partner/Lawyer

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