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Pensions, the fourteenth INPS in July: requirements, beneficiaries and amount

In July, pensioners over 64 who meet the necessary requirements will receive the fourteenth - Here are the instructions issued by INPS: beneficiaries, requirements and amount.

Pensions, the fourteenth INPS in July: requirements, beneficiaries and amount

For retirees over 64 with personal incomes of less than 10 thousand euros per year, the fourteenth INPS, the amount of which will fluctuate between 336 and 504 euros. The rules valid for this year are communicated by the INPS, through the Circular n.130 released this morning. 

Fourteenth INPS: beneficiaries
Retirees of at least 64 years of age who are holders of social security treatments paid by INPS, of the substitute, exclusive and exemption forms of the same, will be able to receive the benefit.  
The fourteenth month will also be paid to pensioners who turn 64 by 31 December of the year of payment, with reference to the months in which they meet the age requirement, including the month of reaching age.

Fourteenth INPS: contribution requirements
The amount of the fourteenth salary varies according to the relevant seniority of contributions and to the management responsible for paying the benefit. For members of private management who turn 64 from 1 August and for those of public management who turn 1 from XNUMX July, the benefit will be paid in December.

Returning to the contribution requirements, employees who have up to 15 years of contributions (18 for self-employed workers) for the year 2015 will receive 336.00 of additional sum. Employees with a contribution between the ages of 15 and 25 (between 18 and 28 for the self-employed) will receive 420.00 euros; employees with contributions over the age of 25 (28 for the self-employed) will receive 504.00 euros. 

INPS underlines that for the payment of the increase, the entire contribution (compulsory, figurative, voluntary and from redemption) is considered, as well as that used for the payment of supplements. Furthermore, in the event that the pensioner is the holder of several social security treatments, the benefit will be paid only on the main social security treatment, i.e. the one with the greatest seniority of contributions.

Fourteenth INPS: income requirements
In order to receive the fourteenth, in addition to the personal and social security requirements listed above, it will also be necessary to comply with the income requirements. In detail, the benefit is paid on the basis of personal income only, which must be lower than certain limits, calculated in relation to the years of contribution. 

In general, the fourteenth month will be paid in full to retirees with a personal income lower than 9.786,86 euros, ie less than 1,5 times the minimum INPS treatment for 2015. Beyond this threshold, the increase is paid in an amount equal to the difference between the additional sum and the amount exceeding the limit itself. 
 

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