The average age of retirement in the private sector increases to 64 years – Labor and Employment



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For 17 years, private workers have never reformed so late. The average age is 64.2 years

The retirement age of private sector workers in Portugal is on average 64.2 years, according to data from the Ministry of Social Security recently updated by Pordata

. in the last 17 years, private workers have never retired so late. The normal retirement age has been steadily increasing since 2014 and last year it was already 66 years and three months old, says Jornal de Negócios .

In practice, the evolution of the average life expectancy has been a gradual increase in the penalties applied to those who want to withdraw in advance: the sustainability factor has reached the point of view. last year at 13.88%.

Read more in Jornal of Negócios

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