Cost of Living
CGA reduces pensions for 2,937 newly retired people
The Caixa Geral de Aposentações (CGA) has admitted to a calculation error in the pensions of 2,937 public servants who retired between May and August 2026. Due to a system error, these pensioners were paid higher amounts than permitted by current legislation and are now being notified of the correction to a lower pension value.
Why it mattersIf you are a public servant who retired between May and August 2026, you may be affected by a retroactive reduction in your pension payments; keep an eye on your official notifications from the CGA regarding these adjustments.
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