##  [Were published amendments to the Retirement Statute and created the New Early Retirement Scheme](/pt/en_GB/new/were-published-amendments-retirement-statute-and-created-new-early-retirement-scheme) 

# Were published amendments to the Retirement Statute and created the New Early Retirement Scheme





Portugal - 08 / 21 / 2019





Labour and Employment Law Alert













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**The [Decree-law no. 108/2019, of 13 August](https://dre.pt/application/file/a/123919548) published in Diário da República introduced amendments to the Retirement Statute and created the new early retirement scheme.**





This decree-law reviews the early retirement scheme of the General Pension Fund’s (CGA) subscribers, bringing it closer to the general social security scheme.

The main news are the followings:

**Convergent Social Security Scheme’s Beneficiaries**

**Retirement for long contributive career**

The beneficiaries of General Pension Fund’s (CGA) with, at least 60 years old and who reach the personal retirement age may apply for retirement.

In situations identical to the ones of the general social security scheme, each employee is allowed to, according to his effective length of service, adjust his retirement age.

**Contributory periods in other social security schemes**

Contributory periods in other social protection schemes could be taken into account for the purposes of:

- Fulfilment of warranty period;
- Retirement conditions;
- Bonus rate determination;
- Establish the minimum pension.

**Early Retirement**

May apply for early retirement, regardless of submission to the medical board, and without prejudice to the application of the unified pension scheme, the beneficiaries who are at least 60 years old and:

- Complete at least 40 years of effective service.

However, a reduction rate of 0, 5% it will be applicable for each month until retirement age.

**Personal retirement age extension**

In situations identical to the ones of the general social security scheme, each employee is allowed to, according to his effective length of service, adjust his retirement age.

**Effects**

This decree-law takes effect from 1 October 2019.









[Labor](/pt/en_GB/tags/labor), [Portugal](/pt/en_GB/tags/portugal)





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 This publication is provided for information purposes only and does not constitute legal advice or advice of any other kind. It does not seek to offer a comprehensive summary of the legislation and developments to which it refers nor to cover all published material, but rather to provide an overview of selected topics. It is therefore recommended that the official texts be consulted and specific professional advice be sought. Garrigues does not accept any liability for the use made of this information and assumes no obligation to update it after publication.



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