Elderly people aged 65 and over continue to work

The number of working individuals aged 65 or older reached 129,000 in 2025, an increase of 15,000 compared to 2024. All of these individuals contributed to Social Security.

The number of working individuals aged 65 or older reached 129,000 in 2025, an increase of 15,000 compared to 2024. All of these individuals contributed to Social Security.
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The secretary-general of the UGT union has called on the Prime Minister to reopen negotiations on the wages and income agreement within the Social Concertation. He specifically urged the government to ensure the national minimum wage reaches 1,000 euros by January and requested that any future labour law changes prioritize the strengthening of collective bargaining.
The government's IRS tax reduction plan, announced in September, involves a 0.3 percentage point cut in tax rates for specific brackets. Calculations show this results in a monthly tax saving of approximately 1.14 euros for those earning 1,058 euros gross per month, while those earning over 3,000 euros gross per month will see a saving of about 9 to 10 euros per month.

A 2025 study by the Migration Observatory found that 52.3% of non-EU citizens with higher education degrees are overqualified for their roles in Portugal, compared to 14.1% of Portuguese nationals. The report highlights that foreign workers face higher rates of temporary contracts and working poverty, despite having high employment participation rates.