Bank pensioners will also receive half board

Retired bankers will also receive half of the pension paid to most retirees in Portugal. A tripartite agreement has been reached between the banks, the government and the unions, which the unions say will be signed in the coming days. Banks will pay through pension funds and then the government will compensate through taxation.

“About three months after the government announced a half pension for pensioners and pensioners, leaving bank workers unattended, the unions of bank workers of the UGT can inform all their members: retired bank workers will also receive a half pension, like other pensioners “, the message says. should be read in the statement of the unions, which adds that this “Memorandum for the establishment of an exceptional allowance for pensioners in the banking sector” will be “concluded in the coming days.”

Mais Sindicato leader António Fonseca told the Expresso newspaper that banks will distribute the money through pension funds and the government is committed to creating tools, namely fiscal ones, that offset the costs of pension funds.

There is no word yet on when the payment will be made. The Observer is asking for more information from the Ministries of Finance as well as the Department of Social Security – this news will be updated as soon as clarification is provided.