Pension provision

Pensions, the exit window is lengthened in the Manovra. Also penalised are those who redeem their degree

Partial sterilisation of degree redemption from 2031 and extension of moving windows from 2032

by Marco Mobili and Gianni Trovati

(Adobe Stock)

1' min read

Translated by AI
Versione italiana

1' min read

Translated by AI
Versione italiana

In the latest government amendment to the manoeuvre deposited in the Senate Budget Committee, a double crackdown on retirements appears.

The first surprise concerns those who have redeemed or will redeem their university study period for social security purposes.

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This choice will be partially sterilised in a progressive manner in the calculation of the seniority of contribution that allows leaving work: six months will leave the count for those who will accrue the requirements in 2031, twelve months in 2032, eighteen months in 2034 and 30 months, i.e. two and a half years from 2035.

From that year, in short, the period of the bachelor's degree will be almost irrelevant in the retirement timetable, while the five years needed to obtain the master's degree will count for only half; although the cost of redemption, in the silence of the rule, will remain unchanged.

Exit window extension

But this is not the only novelty that has been plunged into Palazzo Madama. In fact, the text written by the Mef also contemplates a generalised lengthening of the period spent at work, through the mechanism of the exit windows. The three-month moving window will be lengthened to four months for those who accrue the requirements in the years 2032 and 2033, five months in 2034, and six months from 2035. This novelty excludes only those who, as of 1 January next, are in receipt of extraordinary benefits from solidarity funds, with the obvious aim of avoiding the creation of new 'exodus' workers.

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