The Insurance and Pension Funds Supervisory Authority (ASF) approved, on 19 December 2023, Regulatory Standards no. 13/2023-R, on the payment of pensions through a pension fund using the value of the individual account, providing, among other things, a set of rules on the payment of pensions and the transfer to other pension fund(s).

The Regulatory Standard repeals Regulatory Standard no. 8/2018-R, of December 28, and shall enter into force 60 days after its publication in Diário da República - the official gazette of Portugal.