State pension rules astir nan world are mostly rather complicated, particularly arsenic nan property astatine which you person nan pension gets extended regularly.
We person seen nan nosy and games successful nan UK pinch wintertime substance U turns, nan problems pinch Waspi Women and nan apt disappearance of nan triple fastener guarantee, but Italy is proving to beryllium not a awesome friend of astatine slightest 1 pensioner.
Retirement pensions are managed by nan National Social Security Institute (INPS) and it is adjacent to opportunity that changes of rules are a regular occurrence pinch nan evident volition of offering nan champion imaginable options to Italian pensioners though immoderate times successful what was a yo-yoing economy, savings outweigh communal sense.
Pensioner loses 1 year’s pension for 1 day’s activity successful Italy
The Italian strategy ensures that immoderate rules were successful spot connected nan time of status stay successful spot for nan life of nan pensioner and present is wherever 1 individual was penalised for misunderstanding nan rules.
In 2019 a caller norm known arsenic Quota 100 was introduced which allowed early status astatine 62 for those were that property (or more) and had 38 years of accredited contributions to nan system.
As truthful galore men were either called up to service successful nan Second World War aliases died during various battles, those remaining were allowed to activity from an early property and truthful nan number of group who could declare that they had paid successful for 38 years was comparatively significant.
Thanks to Covid and nan authorities of nan Italian economy, this programme was ended successful 2021, but those who qualified successful nan meantime and decided to adhere to it could still do truthful and are now taxable to its norm during their retirement.
A 67-year-old man intelligibly hadn’t publication each of nan requirements of receiving his pension which included what turned retired to beryllium a sadistic clause successful his lawsuit which was that nary paid activity could beryllium undertaken.
Pensioner loses 1 year’s pension for 1 day’s activity during pandemic
It was discovered that he spent 1 time successful 2020 helping a friend pinch harvesting his grapes but received a costs of €80 for his activity and this was discovered by nan INPS which alternatively than ‘rapping him connected nan knuckles’ demanded that he return nan full year’s pension costs of €24,000.
He appealed nan request successful nan courts but his entreaty was rejected and he had to salary nan full magnitude back!