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Euronews
Euronews
Lina Ferreira

Portugal's pension surplus is an illusion, new report warns

Portugal's social security system looks healthy on paper. A new report says that is an illusion, and pensions are set to shrink in the years ahead.

Those are two of the central warnings in "Reforming Pensions in Portugal: For a Sustainable and Fair System — A Contract Between Generations", a report drawn up by a working group led by economist and professor Jorge Bravo.

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