In March, Italian pensioners will see an increase in their paychecks due to a combination of measures from the Budget Law, including cuts to the Irpef tax, annual revaluation, and social benefits increases.
Beginning in March, millions of Italian pensioners will receive their paychecks with a positive surprise due to a combination of fiscal measures outlined in the country's Budget Law. These include a reduction in the Irpef tax rate, annual pension adjustments, and increases in social allowances. Notably, the second tier of the Irpef tax will be cut from 35% to 33% for incomes between €28,000 and €50,000 gross annually, with retroactive effect from the start of the year. This reduction will be reflected in the March paychecks, which will also include adjustments for January and February that pensioners missed during those months.
