Controls on pensions abroad begin; here’s what you need to know: risks, deadlines, and updates
The Italian social security agency INPS is starting comprehensive checks on Italian pensioners living abroad, set to begin on March 20.
The Italian social security agency INPS is initiating extensive controls over Italian pensioners residing abroad, beginning on March 20. This operation is a significant undertaking due to the large number of Italians who have relocated to various countries worldwide, including other European nations, the Americas, Asia, and the Far East. One of the primary objectives of these checks is to confirm that pensioners are still alive and receiving their pensions directly, rather than through unauthorized individuals.
The first phase of these checks will involve sending out forms that pensioners must complete to verify their status. It is essential for recipients to respond to these forms promptly because any delays or failure to respond may result in their pensions being suspended. Furthermore, the checks will also encompass the investigation of any potential fraudulent activity concerning pension payments, marking a thorough approach to safeguarding the integrity of the pension system for Italians living abroad.
Managed by Citibank, the responsibility of communicating with the Italian expatriates lies with this financial institution, who will handle the logistics of reaching out to those in different parts of the world. As the deadline approaches, it is crucial for those affected to remain vigilant and informed to avoid any interruptions in their pension payments, thus ensuring that their livelihoods remain stable while living outside Italy.