“The contribution and early retirement that was made were within the scope of the Banco de Portugal pension fund”, he indicated, highlighting that this fund is closed to all workers currently joining the entity, since 2009.
According to the governor, this fund was “really generous” and was equivalent to what was happening in other parts of the banking sector, having also assured that “it is fully capitalized” and that “there is not a cent from taxpayers” in this matter.
Álvaro Santos Pereira also said that the BdP intends to end “as soon as possible with the role of administration consultants, there are 1.8 million euros plus 225 thousand euros that are spent on a rented building”, whereas, when he joined the institution, there were seven.
On Wednesday, the Morning Mail reported that the BdP will pay the former governor a retirement pension of around 10 thousand euros gross per month, an amount slightly lower than the value of the pension he would be entitled to if he remained at the institution, in which he could continue working until the age of 70, and also lower than the salary of 15 thousand euros gross he received as a consultant to the BdP’s board of directors.
The governor declined to comment on the values attributed to Centeno, pointing out that it is a matter of “personal data”, but indicated that there is a former governor with a higher pension.
“For these workers who joined before 2009, there have already been many agreements for early retirement or to leave the bank”, he highlighted.

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