The union has announced that the latest proposal, authored by the PCP and voted on during the State Budget 2026 deliberations, was rejected by the governing parties, PSD and CDS-PP, with abstentions from Chega, PS, and Iniciativa Liberal.

The STEC perceives this as a continuation of a “struggle for the restoration of justice” on an issue that should have been settled since the approval of the 2017 Budget.

“It seemed that this injustice would be rectified, as it was acknowledged that public sector restrictions should never have applied to CGD workers, given that they did not apply to banking employees,” the union stated, emphasizing that it was the only bank in the sector affected by this career cutback.

“The same Budget outlined necessary corrections, and although salary constraints ceased after 2017, the issue of accounting for the years from 2013 to 2016 at CGD has been ignored, while in other public enterprises it was respected and implemented,” the statement added.

The STEC noted that they have reached out extensively to seek resolution and noted that last year, during mediation, the Ministry of Labor suggested including this correction in wage negotiations between workers and the bank—a proposal accepted by STEC but quickly rejected by CGD.

The union also expressed regret that despite meetings with parliamentary groups and hearings in 2022 and 2025 with the Work, Social Security, and Inclusion committees, and the Budget, Finance, and Public Administration committees, they did not gather support for the most recent proposal in the plenary session.