Published: 2024-09-24
Italy's pension system is under scrutiny as the National Institute of Social Security (INPS) raises concerns about its sustainability.
The average retirement age in Italy is 64.2 years, lower than the legal age of 67, due to early retirement options.
This, coupled with generous pension benefits, poses a risk of financial imbalance.
The INPS report highlights that Italy's pension expenditure is 16.3% of its GDP, second only to Greece in Europe, where the average is 12.9%.
The report warns of a worsening ratio of retirees to contributors, exacerbated by demographic trends.
The Italian government is urged to address these issues in its upcoming fiscal policies.
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Pensioni, troppe uscite anticipate (età media a 64,2 anni): allarme Inps sulla sostenibilità del sistema
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L’Inps: “Pensioni troppo generose”. Il ritiro in media a 64 anni
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