Extended the Women's Option. The Lega-M5S government has decided to include in the "pension package” inserted in Maneuver also the subsidized regime for self-employed and employees who therefore, also in 2019, will be able to retire at 58 or 59 years of age and 35 years of contributions.
PENSIONS, WOMEN'S OPTION: WHAT IT IS
The women's option is a mechanism introduced in 2004 by the Maroni reform and revived in 2011 by the Fornero law.
On the basis of the provisions, employed and self-employed female workers can retire with lower personal and social security requirements than those necessary for the old-age pension, accepting, however, that the amount of their allowance is calculated entirely with the contribution system.
PENSIONS, WOMEN'S OPTION: THE RULES FOR 2019
The Lega-M5S government has limited itself temporarily to extending the women's option – which technically it would be an experimental regimen – also to 2019. This means that female employees aged 58 and self-employed women aged 59 will be able to request access on condition that they have paid 35 years of contributions.
The above requirements ensure that the reference audience of the women's option is different from that of the 100 quota which instead provides for a minimum contribution requirement of 38 years and an age of 62 years.
Furthermore, according to rumors, the extension may not only concern 2019, but could be valid for the next three years and therefore until 2021, but to have more certainties in this regard, we will have to wait for the official text of the Maneuver.
PENSIONS, WOMEN'S OPTION: ALLOWANCE CUTS
As mentioned, female workers who decide to join the women's option will have a check calculated entirely with the contribution system. The amount of the check will therefore be lower than what would be received for the old-age pension or by adhering to the 100 quota (which does not provide for penalties).
The extent of the reduction varies according to various factors, but according to some estimates the reduction could reach 20-25%.
