PPR: Portugal among leaders in early rescues in the OECD

Portugal ranks among the top countries in the OECD for early withdrawals from pension plans, with 3% of total savings accessed in 2025. The OECD report highlights a 27% increase in pension contributions in Portugal, driven by favorable tax treatment for individual pension plans. Despite this growth, the OECD warns that many future retirees may not be saving adequately for retirement. The report notes persistent contribution gaps across age groups and emphasizes the need for mandatory pension plans, as only 19 of the 38 OECD countries have such systems. Behavioral biases and financial accessibility concerns are identified as barriers to sufficient retirement savings.