"In 2024, the minimum monthly value of Social Security old-age and disability pensions is 319.49 euros, and 191.69 euros for survival pensions", reveals Pordata in a post shared on social media.

"These are still the highest values in the last 20 years", according to the report in NM.

The ordinance updating pensions in 2024, with increases between 5% and 6%, was published in the Diário da República and comes into force on January 1.

The ordinance that "proceeds with the annual update of pensions for the year 2024" establishes increases of "6%, for pensions equal to or less than (euro) 1,018.52", "5.65%, for pensions of amount greater than (euro) 1,018.52 and equal to or less than (euro) 3,055.56" and "5% for pensions with an amount greater than (euro) 3,055.56".

Pensions worth more than 6,111.12 euros are not subject to updates.

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