This Friday, the President of the Republic promulgated the Decree-Law introducing a scheme for interim pension updates, citing that “it aims to restore the normal value provided for by the legislation in force, which was not fully implemented last year”.
The government approved this decree on Monday at an extraordinary meeting of the Council of Ministers, according to which “pensions up to 12 times the value of the Social Support Index (IAS) will be updated by 3.57%, based on the value of December 2022, with effect from of July 1, 2023”.
In a note released this Friday evening, Marcelo Rebelo de Sousa announced that he had established this diploma “in the case of a temporary scheme, the purpose of which is to restore the normal value provided for by the legislation in force, which was not fully applied last year (including – in a moderate manner – pensioners with pensions granted in 2022 and excluding of this scheme pensions whose value exceeds 12 times the value of the IAS)”.
This note is published on the official website of the Presidency of the Republic on the Internet.
The Kingdom Decree Act applies “invalidity, old-age and survivors’ pensions from the social security system and retirement, retirement and survivors’ pensions from the convergent social protection system”.
On Monday, after the adoption of this decree in an extraordinary meeting of the Council of Ministers, the Prime Minister, António Costa, assured that the government will update the pensions in accordance with the legal calculation formula included in the Social Security Basic Law.
In response to this announcement, the president of the republic said on Friday that he was already counting on it, otherwise legal problems would arise.
“We discovered something that was clear to me: that the basis for calculating the increase in pensions will be the one that corresponds to the increase that would be due and that was due by the application of the law. I have never doubted it was going to happen”declared Marcelo Rebelo de Sousa to journalists at the entrance of Culturgest, in Lisbon.
In terms of pensions, the government is now doing “what it could have done when at some point it decided to wait to see if it could do it,” said the head of state.
“And that’s what I always thought, because if I didn’t, there would be legal problems”strengthens.
Speaking generally of the most recent measures taken by the government to mitigate the effects of inflation, Marcelo Rebelo de Sousa believed that they are intended to “try to stay in these months until summer”, adding add: “Maybe more is needed. If more is needed, I think it’s unlikely there won’t be more.”
Source: DN
