Early retirement before the age of 60? 28,000 workers affected in 2024
In the first half of 2024, more than 27,000 early pensions were paid before the age of 60, mainly in the private sector. The average age of early retirement is around 61 years.
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Key points
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About half of the people who go into early retirement do so before reaching the age of 62, while about 28% retire before reaching the age of 60: early retirement checks starting before the age of 60, according to the Monitoring of Retirement Flows for the first half of 2024, amounted to 27,962 out of a total of 99,707 early retirements in the period. The figure is linked to early work and to the exit channel that allows retirement once 42 years and 10 months of contributions have been reached, regardless of the age and the three-month moving window provided.
Private sector employees are the most numerous
.The largest number is that of employees in the private sector with 17,074 early pensions paid out before the age of 60 with 33% of the total. Early pensions paid before the age of 62, the threshold age for eligibility for Quota 103 (62 years of age and 41 of contributions plus 7 months of moving window in the private sector and 9 in the public sector) are about half of the early pensions and the weight can be guessed from the average age of early pensions.
From traders to direct farmers, the ages sector by sector
With the exception of those in the traders' management which have an average age at commencement of 62 years, the Monitor on the first half of 2024 shows, the other early pensions remain well below 62 years with private sector employees at 61.2 years, direct cultivators at 61.1, artisans at 61.3 and public sector employees at 61.7. Looking at the whole of 2023, compared to 228,570 early pensions that took effect in the whole year, there were 62,267 paid out before the age of 60 (27.2% of the total), while about half as a whole (more than 100,000) involved people under the age of 62. Apart from civil servants and shopkeepers who had an average age at the start of early retirement of 62.2 and 62.1 respectively, the average age for the others was below 62, with private sector employees at 61.1.
The assumptions about the squeeze
.If action were to be taken on the moving window for those who retire regardless of age, one of the hypotheses being examined by the technicians in view of the Budget law, the number of people affected by the extension would be at least 100,000 in a year, but it could be close to 200,000 if the prevailing exit channel in the face of the tightening of the other measures starting with Quota 103 was 42 years and 10 months of contributions.
