Social security surplus climbs to €4.69bn in the 2026 budget
Under the 2026 state budget, the social security surplus rises to €4,689.4 million. The figure lands while the working group's final reform report is already with the government.
Why it matters for your move
Context for anyone whose plan depends on the Portuguese system — pensions, contributions, the self-employed regime. A surplus of this size shapes what a reform can politically afford to change.
This is Re-locant.com’s own brief, written to explain what the update means for people moving to or living in Portugal. For the full original report, see the source below.