The party was established in 1990 and sought to represent the interests of pensioners. In the
1991 parliamentary elections it received 1.68% of the vote and won a seat in the
Assembly of the Republic, taken by its president,
Manuel Sérgio. However, its vote share was reduced to just 0.21% in the
1995 elections, resulting in the party losing its seat. The
1999 elections saw the party's vote share remain at 0.21%. After failing to regain parliamentary representation, it did not contest any further elections, and was declared defunct in 2006. The party also contested the elections for the
European Parliament in
1994 and
1999, winning no seats in both cases. ==Election results==