The increase in pensions has returned to the political debate, at a time when parties are discussing new ways of responding to the burden of the cost of living among retirees. The PCP defends an interim and permanent increase, while the Government only allows a new extraordinary supplement if public accounts allow it.
In this context, the PCP announced that it will present a proposal to parliament to increase all retirement pensions by 50 euros from July 1st. The measure was communicated today, Saturday, by the party, which wants the increase to cover all retirees.
In a statement, cited by , the communists explain that the proposal foresees a “general increase in the value of retirement pensions by 50 euros, starting from July 1st”. The PCP Parliamentary Group emphasizes that this solution, unlike the extraordinary supplements granted by successive governments, would be integrated into the global value of each pension and the calculation of its future evolution.
PCP wants permanent rise
The proposal comes after, in Wednesday’s fortnightly debate in the Assembly of the Republic, the Prime Minister considered that it is too early to move forward with a permanent increase in the lowest pensions.
Luís Montenegro admitted, however, the possibility of a new extraordinary supplement, if the public finance situation allows it. According to the Prime Minister, this was the solution adopted in 2024 and 2025, and is also foreseen in the State Budget for 2026, if there are budgetary conditions for this in the middle of the year.
PS asked for response to lower pensions
In the same debate, the secretary general of the PS, José Luís Carneiro, asked for the “prime minister’s sensitivity” in relation to people who receive minimum pensions and who are especially affected by the increase in the cost of living.
José Luís Carneiro questioned Luís Montenegro about the Government’s willingness to keep its word regarding an extraordinary supplement. Still, he insisted on the need for a more lasting solution that would improve lower pensions.
Government says “it’s early”
In his response, the Prime Minister stated that the commitment defended by the PS was different, as it involved using a Social Security balance to assume permanent pension costs for several decades.
Luís Montenegro said that the Government also intends to reach this objective, but argued that it is not yet the time. According to the Prime Minister, it is necessary to first put the country on a path of greater economic growth, so that a permanent decision of this size can be taken.
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