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Pensions, the age of lower output at the altitude of 100 with early retirement: win the Fornero?

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Published on Oct 28, 2019

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The age of exit from the labour market is lower than that of the portion 100 with the early retirement pension? These are the latest news regarding pensions. What we do know is that in the budget in 2020 the quota of 100 is not touched, and that there are no substantive changes. Among the opportunities to leave the job earlier than expected, however, there is also the early retirement pension, the less famous but thanks to the many people able to exit from the labour market before the pensionable age. According to an analysis by Giuliano Cazzola, made known by the Newspaper of the South, this is the reality of the facts. Let's find out then what he said about it.

While we are talking about an altitude of 100, according to the study by Cazzola, there is another possibility to leave the work much exploited by the italians, and would even do it around 62 years old. We talk about early pension. This type of retirement, part of the pensions reform of Fornero, has I doubt the changes with the Government M5S-League. It was in fact locked to the increase of contribution years required based on the expectation of life, and this will be active until 2026. So the male workers can leave the work to the attainment of 42 years and 10 months of contributions. The women, however, may retire with 41 years and 10 months of paid contributions.

Cazzola claims that the quota of 100 is not a gift to workers in the North of Italy. Also, with the early retirement pension, the age at which you retire is also lower with respect to the portion 100. With this last measure, remember that you have to have paid 38 years of contributions and having turned 62 years of age. Obviously, however, the questions come from those who have a between the ages of 62 and 67 years.

According to the analysis of Cazzola, the early retirement of the Law Fornero would cost even more than the share 100. The block of the increase in the required contributions until the year 2026 has a significant weight on the State coffers. Even with this measure, many workers leave the work to an average of 62 years of age, since there isn't an age requirement. Instead, most of the workers who have applied for a share of 100, aged between 63 and 65 years. It is clear, therefore, that the early retirement pension can be very advantageous for those who have just started working at a young age.

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