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INPS: old age pensions are on the rise

In 2015, according to the monitoring of retirement flows drawn up by INPS, early retirements recorded a real leap forward both among employees and self-employed workers - As regards women, a significant increase in seniority benefits linked to the choice of the Woman option.

INPS: old age pensions are on the rise

Retirement pensions are growing. This is revealed by the "Retirement flows monitoring – effective” drafted by INPS, relating to the pension payments paid in the Employee Pension Fund, in the management of self-employed and para-subordinate workers, in addition to social allowances.

According to the survey contained in the monitoring, they are liquidated in Employee Pension Fund 256.580 treatments starting from 2014 and 140.106 starting from the first half of 2015. As regards the total amount of pensions for self-employed workers, 164.309 pensions were paid, starting from 2014 and 86.716 starting from the first half of 2015. 48.946 checks and social pensions paid effective in 2014 and 24.287 effective in 2015.

What stands out among the data for the first half of 2015, as mentioned, is the strong increase in seniority retirements both among employees (in which the percentage rose from 22% in 2014 to 34% in 2015), and among self-employed workers (where this percentage rose from 17% to 25%). 

The increase can essentially be explained by the new legislation introduced with Law 214/2011 which caused a blockage of seniority retirements by significantly increasing the contribution requirements for the right to early retirement, and following which, therefore, only now a number consistent number of subjects was able to reach the greater seniority required for this type of treatment. Lastly, as far as women are concerned, there has been a significant increase in seniority benefits linked to the choice of the Women option.

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