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State, pension at 70 (on a voluntary basis): the hypothesis

Arover by Arover
January 26, 2023
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Work life longer for civil servants. Perhaps. That’s what he predicts the amendment to the Milleproroghe Decree first signed by Domenico Matera, part of the Brothers of Italy on the basis of which public employees who have already completed 67 years old, and have therefore reached old-age pension age, they will be able, “on a voluntary basis”, remain in service until 70 years.

Retired at 70, the hypothesis

The option is valid only for those who have not yet reached i 36 years of contributions. In particular, the proposal specifies that it is due “to the public administration where the employee works to accept the request” and that there are no “new or greater burdens on public finance”. Currently, the possibility of remaining in service longer is guaranteed only to some specific categories, such as i healthcare managers.

In parallel, work continues for the pension reform. In recent days, the Minister of Labor, Marina Calderone, met with representatives of the social partners at the headquarters of the Ministry of Labor in via Flavia to draw up a calendar of topics divided into individual tables for discussion more detailed.

Reform, where are we?

And Cgil, Cisl and Uil the requests already made for flexibility in leaving from the age of 62 without explicit penalties (beyond the implicit one that comes with paying fewer contributions and taking the check for longer), attention to young people with a guarantee pension and the ‘release with 41 years of contributions without age limits. It is probable that we will have to work on interventions that cost little, so it is probable that a measure of flexibility will be proposed which penalizes early exits with respect to old age.

However, the reduction of the limit is on the table 2.8 times the minimum pension for leaving earlier than the retirement age (now valid only for three years early for those in the contributory system). On the table also the separation between pension and assistance.

Mirage pensions

Meanwhile, there is bad news for the young for whom retirement is increasingly a mirage. Early retirement a seventy years it’s at rest by old age a 70 years old e six months, provided that there are contributions of at least 46 years and 4 months in the first case and beyond 20 years In the second. This is what will happen to a person who has today 25 years old and started working for a year.

This is the scenario outlined by the recently updated Inps Pensami simulator according to which if the years of contributions are less than 20 years but more than 5 the wait for the old-age pension will be extended up to 74 years old and 10 months. It’s better – even if only slightly – ai thirties: old-age pension for a worker born in 1990 at 70 years old con 20 years of contributions and at rest with that anticipated with 45 years contributions paid regardless of age.

Tags: basiseuropean unionhypothesisinternational economylawspensionpensionsStatevoluntary

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