The objectives of this paper are i) to assess the recent changes in the "actuarial factor" and their distributive and financial impacts in the short and long term. The actuarial factor was created in 1999 to adjust the individual benefit level according to age, time of contribution and life...

The National Forum for Social Security (FNPS) was the main happening occurred in 2007 for people interested on this subject. Long term forecasts for the General Regime of Social Security (RGPS), produced by the Secretariat for Social Security Policies (SPS/MPS), were strongly debated during the...