Minimum Salary in Portugal approved to 665 Euros effective from 1 Jan, 2021.

Lisbon.

The Government approved this Tuesday the rise of the National Minimum Wage (SMN) to 665 euros, a measure that will take effect from the 1st of January 2021.

The announcement was made by the Minister of the Presidency, Mariana Vieira da Silva, and by the Secretary of State for Social Security at the end of the Council of Ministers meeting.

The official measure stands out for being the second biggest increase in the value of the minimum wage in Executives led by António Costa, being below the advance of 35 euros achieved by the Government even during 2020.

This increase of 30 euros gives “continuation to what has been the sustained path of an increase in the SMN and a step towards reaching the value of 750 euros at the end of the legislature, in 2023”, reiterated Gabriel Bastos, Secretary of State for Social Security.

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