Economy
Pensions represent 59% of Social Security expenditure in 2027
The 2027 State Budget allocates 59% of Social Security spending to pensions, which will receive an automatic update. While the exact percentages are not yet disclosed, the government has left the possibility open for an additional extraordinary bonus in 2027, with the system expected to maintain a surplus of over 8.3 billion euros.
Why it matters
If you are a retiree or planning for retirement in Portugal, your pension will see an automatic adjustment in 2027, though the exact increase remains to be confirmed.PúblicoRead original ↗
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