Maneuver, more difficult to retire early

From next year there will be Quota 104, which requires at least 63 years of age, instead of 62 as now, and 41 of contributions. And the age requirement also increases for the Social Ape and Women’s Option. Then comes the possibility of redeeming contributions in installments for those who have holes in their INPS payments

The road to reaching the retirement goal early is becoming narrower. In fact, with the maneuver comes a crackdown on the mechanisms that allow you to leave your job before the age of 67, which remains the general rule.

Quota 104, penalties on the check

From January – according to the draft budget law – there will be Quota 104, i.e. at least 63 years of age and 41 years of contributions will be required. One more year at work, but it doesn’t end there, because there will be penalties in the check for those who choose this path. A bonus (the Maroni bonus) is foreseen for those who, despite having the requirements, remain in their position, which however should amount to a few tens of euros per month.

Longer exit windows

The exit windows are then extended once Quota 104 has been requested, i.e. the date of actual pension (six months in the private sector, nine for public employees).

Also tight for disadvantaged workers

Again with the aim of containing social security spending, and postponing radical reforms to a later date, the age for using the Social Ape is being extended (this is how it is now). Those who carry out strenuous jobs or are disabled or unemployed will need a minimum of 63 years and five months, without prejudice to the number of contributions needed (36 years, 30 for the unemployed).

Woman option, one year older

The age for workers who want to take advantage of the Woman Option (now it works like this) rises from 60 to 61, reserved for situations of serious hardship, with the possibility of leaving early if you have children (one year less for a son, two years from the second onwards).

Ransom to cover the holes

Then comes an additional possibility for those who do not have enough payments to retire, because – for example – they have been without a job for some periods. Those who started working in 1996 will in fact be able to pay the missing contributions, thus covering the accumulated gaps, redeeming them in installments for up to a maximum of five years and thus being able to retire earlier. The measure seems to be similar to that for the degree, but it is not yet clear how much it would cost.

Higher threshold, further retirement

Again for those who started their career in the second half of the Nineties, it becomes more difficult to retire at 64 years of age and with 20 years of contributions: the minimum allowance that must have accrued for be able to take advantage of the advance.