Mar 18 โ€ข 05:00 UTC ๐Ÿ‡ฎ๐Ÿ‡น Italy Il Giornale

Work, one more month for retirement

Starting next year, an additional month of work will be required to retire in Italy, with age and contribution changes outlined for regular and early retirement.

Beginning next year, retirees in Italy will need to work an extra month before qualifying for retirement benefits. Specifically, the retirement age will be set at 67 years and one month, while early retirement will require 42 years and 11 months of contributions for men and 41 years and 11 months for women. This change is viewed as a precursor to even stricter measures that might come into effect by 2028, potentially increasing the retirement age by three additional months.

The Italian National Social Security Institute (Inps) confirmed this change, citing adjustments in pension requisites due to life expectancy trends as outlined in the 2026 budget law. Previously, under mechanisms put in place by the Fornero Reform, an increment of three months was anticipated to start in 2027. Still, during discussions regarding the recent budget law, the government managed to cap the increase to just one month for now.

However, there is a possibility that the incoming fiscal policy adjustments could prevent the anticipated increases from taking effect permanently, depending on how financial adjustments and coverage measures are managed. These changes are critical as they directly impact working citizens' retirement planning and could reflect broader trends in Italy's aging population and economic pressures.

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