The incentive to postpone early-retirement, which allows workers to receive their share of IVS contributions tax-free in their payslip, has been extended to those who meet the early-retirement requirements, regardless of age, by 31 December 2025.
The key new feature is the option for workers under the contribution-only system – those who started working on or after 1 January 1996 – to include the theoretical value of one or more annuities from supplementary pension schemes towards the required thresholds:
- for early retirement three times the social allowance, reduced to 2.8 times for working mothers with one child and 2.6 times for those with two or more children or
- for old-age retirement one time the social allowance.
Young workers entering the labour market from 1 January 2025 will have the opportunity to pay an additional voluntary contribution to INPS. Thus over and above the mandatory contributions, equal to a maximum of 2% of their share, deducted from their payslip. The amount paid will be 50% deductible from total income.
Finally, mothers whose pensions are calculated entirely using the contribution-based system – or who choose the contribution-based scheme or the separate management computation – are granted an additional 4-month reduction in the statutory retirement age, on top of the 12-month reduction already provided, if they have four or more children. The alternative of mothers opting to have their pension calculated using the transformation coefficient linked to their retirement age remains unchanged. In this case, the coefficient is increas
