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Portugal: Indexing reference for social aid is updated for 2023

Portugal - 

Portugal Labor and Employment Alert

It was published in the official gazette Ordinance no. 298/2022, of December 16, updating the value of the indexing reference for social aid (IAS) in 483.80 € for the year of 2023.

The IAS is the reference measure used to fix, calculate and update several social benefits, such as the unemployment allowance.

This value will be used from January 1st, 2023, onwards.