Public Pension System in Portugal (text in POLISH)

This paper presents quite recent (2003) review of the Portuguese pension system with a particular focus on the public pension provision organised by the state. First part briefly explains the origins of the system. Chapter two focuses on the structure of the pension system, with a general discussion of the first pillar (state provision), the second pillar (employer's provision) and the third pillar (individual provision). The next chapter presents detailed rules of the systems (eg. benefit entitlements, calculation formula, early retirement, taxation). Chapter four concludes with formulation of main current issues being a subject of discussion and the system's prospects in the future.