This Friday, the President of the Republic promulgated a decree-law establishing an interim regime for the renewal of pensions, referring to the fact that “it aims to restore the normal value provided for by the current legislation, not fully applied 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 Assistance Index (SSI) are updated by 3.57%, with reference to the December 2022 value, effective from 1 July 2023 G.”.
In a note published this Friday evening, Marcelo Rebelo de Sousa announced that he has put this diploma into effect “in the event of a temporary regime that aims to restore the normal value provided for by the current legislation, not fully applied last year (including – in a relaxed form – pensioners who were assigned pensions in 2022 and excluded from this pension regime, the amount of which exceeds the value of IAS by more than 12 times)”.
This note was published on the official website of the President of the Republic on the Internet.
The government decree-law applies to “disability, old-age and survivor’s pensions under the social security system, and old-age pensions, old-age pensions and survivors’ pensions under the converged social protection regime.”
On Monday, following the adoption of this decree-law at an extraordinary meeting of the Council of Ministers, Prime Minister António Costa assured that the government will update pensions in accordance with the calculation formula contained in the Basic Law on Social Security. .
In response to this statement, the President of the Republic said this Friday that he is already counting on this, because otherwise there will be legal problems.
“We found out what was obvious to me: that the basis for calculating the increase in pension will be the base corresponding to the increase that would be due to the application of the law. I never had any doubts that it would happen,” Marcelo Rebelo de Sousa told reporters at the entrance to the cultural center in Lisbon.
According to the head of state, in terms of pensions, the government is now “doing what it could have done when at some point it decided to wait and see if it could do it.”
“And I always thought that I would do it, because if I didn’t, there would be legal problems,” he stressed.
Speaking broadly about the most recent measures taken by the government to mitigate the effects of inflation, Marcelo Rebelo de Souza believes that they are intended “to try to fit in these months, before the summer”, adding: “Maybe more will be needed.” . If more is needed, it is hard for me that there is no more.”