A Erosão Drástica da Segurança de Rendimento na Reforma em Portugal: O Efeito Cumulativo dos Ajustamentos Incrementais

Maria Clara Murteira ()
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Maria Clara Murteira: Univ Coimbra, CeBER, Faculdade de Economia

Notas Económicas, 2020, issue 50, 43-62

Abstract: This article analyses the path of reforms of the Portuguese public pension system that started around 2000. It identifies a radical transformation of the objectives and instruments of pension policy, the organizing principles of the system and the conception of rights. Public provision of retirement income is gradually but drastically reduced, implying the progressive transfer of responsibility and risk to individuals. In order to explain how radical institutional change was achieved keeping society “anesthetised”, despite the apparent stability of policies, a reference is made to the political processes of reforms (strategies that avoid opposition and legitimation discourses) and to the use of automatic adjustment mechanisms (instru-ments that contribute to the de -politicization of pension cuts because they reduce spending without requiring legislative changes).

Keywords: Social security; pensions; pension reforms; political economy. (search for similar items in EconPapers)
JEL-codes: H53 H55 I38 P16 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:gmf:journl:y:2020:i:50:p:43:62

DOI: 10.14195/2183-203X_50_4

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