From 1992 in Italy the pension reforms have been frequently, we have a history at a glance:

In 1992

The Amato reform raises the retirement age of women and men (of 55 a 60 nel prime if and 60 a 65 in the second).

Enlarge the pay period useful for the calculation of pension benefits.

In 1995

The Dini reform introduces the method for calculating contributions. Introduces a minimum age to accompany 35 years of contributions for the retirement pension. The first equation is made between public and private sectors and is definitely a supplementary pension scheme to regulate (Pension funds).

In 1997

Prodi reform tightens the criteria for the retirement pensions. Makes the second equation of public and private efforts to early retirement.

In 2007

Here comes the quota mechanism for obtaining a retirement pension.

In 2009

Comes from the mechanism that 2015 Then snap in the retirement age to life expectancy, be reviewed every three years.

In 2010

And 'revised the mechanism of the windows out of retirement, Therefore, from January 1 2011:

  • all employees will retire 12 months after reaching the requirements of old age pension and seniority is.
  • all self-employed and separate management, will retire 18 months after reaching the requirements of old age pension and seniority is.
  • all workers under a totalization, will retire 18 months after reaching the requirements of old age pension and seniority is.

In practice, with this further postponement, the retirement of a self-employed would be paid 66 and a half years.

The public sector workers will reach retirement age requirements in 65 years of age from 2012.

These are the most important steps in an evolving regulatory framework and that will see workers retire later and later and with more and more small pensions.

Alex Gaetani

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