| Total population (m.): | 10.7 |
| GDP per capita (USD): | 22765 |
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Dynamic Strategic Asset Allocation
Given the nature of the objectives of the Social Security Reserve Fund (Fundo de estabilização Financeira da Segurança Social (FEFSS)) (as a social security buffer fund) and restrictions - allocation heavily skewed towards debt, e.g. a minimum of 50 per cent of the portfolio must be held in Portuguese Government Debt, and a risk budget identical to the volatility of this asset class - a case can be made for considering Portuguese Government Debt as a proxy liability for the FEFSS. Read more |
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Higher retirement pensions
This measure is implemented by the application of a bonus rate to the amount of the retirement pension for each month of additional effective work and differentiated based on the contribution years. Read more |
Good Practices in Social Security Database >>