Portugal Lets Funds Pay Pensions Directly

Portugal Lets Funds Pay Pensions Directly

Our Thinking / Law and Policy Group /

Portugal Lets Funds Pay Pensions Directly
Portugal Lets Funds Pay Pensions Directly
Calendar05 February 2019

Pensions derived from defined contribution plans financed through pension funds can be paid directly by the fund and no longer have to be paid through an annuity, under a regulation published by the Portuguese Authority for Insurance and Pension Funds (ASF). The new arrangement applies regardless of how the pensions are financed — either through closed pension funds, collective pensions or an individual plan member. The regulation took effect on 28 Dec 2018.

Related Resources

  Speak with a Mercer Consultant
Provide your contact information to get in touch
*Required Fields