Golden retirement

Two former Macau governors and one former Deputy Secretary for Administration, Education and Youth are currently receiving the highest amounts in lifetime pensions from the Portuguese government, according to a list revealed by the Portuguese civil servants retirement fund, Caixa Geral de Aposentações (CGA).
A department under the Portuguese Ministry of Labour, Solidarity and Social Security, the CGA has for the first time released the list of all 332 recipients of the fund scheme ‘in compliance with the state’s transparency obligation in respect of income earned in the exercise of public functions’.
Lifetime pension
The list, which includes many former legislators and politicians, includes former Macau governors Vasco Rocha Vieira and Carlos Melancia, and former Deputy Secretary for Administration, Education and Youth, Jorge Rangel.
Of the names included on the list, Vasco Rocha Vieira, governor of Macau between 1991 and 1999, was revealed to be receiving the highest amount.
With a non-disclosed partial reduction, he has received a total of 13,607 euros (MOP121,277/US$15,179) per month since 2000.
Carlos Melancia, governor of Macau from 1987 to 1991, has been receiving the second highest amount of those on the list, with a total of 9,727 euros per month since 1998.
Former Macau Portuguese administration Deputy Secretary for Administration, Education and Youth, Jorge Rangel has been receiving a monthly pension of MOP6,633 since 2000.
The Monthly Lifetime Grant is a right of former political appointees by the Portuguese administration that have performed their duties for eight consecutive or interpolated years. The scheme entitles the recipients to a monthly lifetime pension after they cease their functions as public servants. The pension can reach as much as 80 per cent of their former monthly salaries, but if the recipient is currently working for the private sector and earning a monthly salary higher than 1,257 euros, they can only receive a partial amount.