The general rules on the access to retirement pension and on the flexibility of the age of access to retirement pension changed in 2016.

Retirement pension:

  • As per Decree No. 277/2014, of 26 December 2014, the normal age for accessing retirement pension under the general scheme of Social Security was increased to 66 years and 2 months.

Flexibility on the age of retirement pension:

  • Decree-Law No. 8/2015, of 14 January 2015, set a transitional period for the year of 2015, under which the beneficiary of at least 60 years old and 40 calendar years of registered earnings could apply for early retirement pension;
  • As from 1 January 2016, the flexibility framework on the age of the retirement pension will be the previous framework, in force before April 2012;
  • Therefore, as from 1 January 2016, the beneficiary who, having fulfilled the qualifying period, is at least 55 years old and on such date has completed 30 calendar years with registered earnings, may require the early retirement pension.