Particle.news
Download on the App Store

INPS to Recalculate Old-Age Pensions After Rule Error, Pay Arrears

The reversal corrects a 2024 rule change that should not have cut old-age benefits.

Overview

  • INPS, which issued message No. 787 on March 5, will review old-age pensions for former public workers and repay shortfalls with interest and monetary revaluation.
  • The agency had used tougher payout rates from the 2024 budget on old-age cases even though lawmakers limited them to early retirements.
  • The fix applies to members of four former public-sector funds covering local authorities, health staff, nursery and parificate primary teachers, and judicial officers.
  • Reports describe an uncertain scope, with estimates from tens of thousands of recalculations to broader ex-INPDAP groups, and a prior Senate estimate put early costs near €40 million before arrears and interest.
  • Separately, INPS circular No. 42 confirms the 2026 Bonus Giorgetti, which lets eligible employees who put off retirement receive their 9.19% worker contribution in their paycheck tax-free.