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Public administration bill: it will be possible to retire at 62 years of age

The employment contract can be terminated at the age of 62, after reaching the contributions seniority limits; confirmed repeal of retention in service, while those who reach the minimum requirement for old age after 65 can continue until they reach 20 years of contributions.

Public administration bill: it will be possible to retire at 62 years of age

The approval of the law converting the bill 90/2014 arrived yesterday from the Chamber. The most substantial innovations concern the pension sector, where the repeals of retention in service and the unilateral termination of the relationship once the limit of the length of contributions has been reached. In fact, upon reaching 65 years of age, before the institution enshrined in the Amato reform (article 16 of Legislative Decree 503/1992) was repealed, it was possible to retain the worker even if he had already achieved pension rights. Now it will no longer be allowed, while the possibility of continuing the contract is admitted, up to a maximum of 66 years and 3 months, in the event that once the age of 65 has been completed, the contribution limits have not yet been reached.

Furthermore, due to the organizational needs of the entities, the possibility of terminating the contract at 62 years is confirmed, provided that the requirements for early retirement are met: 41 years and 6 months for women and 42 years and 6 months for men. With the Monti-Fornero reform, this requirement was allowed only after the age of 62 and subject to at least six months' notice: if the person concerned had retired even before the age of 62, despite having reached the contribution limits, he would have suffered a pension penalty by 1-2%. This clause remains, but is suspended until 2017 in the possibility that the seniority of contributions has been reached as a result of injury, maternity, leave and permits, layoffs, military service obligations. 

All those who have accrued pension rights by 31 December 2011 are excluded from the new rules. In these cases, the termination of the employment contract will come at the end of the 40th year of contributions. Also outside the new rules are university professors and magistrates, who will enjoy the rules in force for the individual categories. Finally, even those in charge of the National Health Service will retire on reaching the 40th year of contributions, in any case no later than 70 years of age, as will medical directors whose maximum threshold is however 65 years of age.

Skipped, this is the latest news, the safeguard clause that would have allowed access to retirement to about 4 teachers, who were excluded from this possibility at the time of the Fornero reform. However, the compulsory exits of some teachers with the start of the new school year remain, starting on September XNUMXst.


Attachments: The Madia reform

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