The INPS rejects requests for isopension for workers in the contributory system: uncertainty about future calculations blocks early exits.
The topic of social security becomes hot again. The contributory pensionsi.e. those calculated on the basis of contributions paid, in addition to being lower than the salary ones, as is known, reserve an additional, not pleasant, surprise. The slides accompanying retirement, with tools such as theisopension and theextraordinary allowance of sectoral solidarity funds, are currently almost completely inaccessible to workers with the allowance calculated with contributions.
Isopension is an early retirement tool (slide) that allows companies with more than 15 employees, in situations of redundancy or reorganization, to accompany workers to early or old age retirement up to 7 years in advance (limit extended until 31 December 2026, then 4 years).
INPS is the crux of future certification
According to reports Il Sole24OretheInps is rejecting the requests of people who, after the period of exodus from the company, will access the early pension or the contributory old-age pension because it cannot determine the amount of the future pension today, subject to a series of variables. But let’s go in order. The slides were created to accompany the worker until he meets the requirements for the “standard” old-age or early pension.
For those who are in pure contributory systemaccess to the pension does not only depend on age or years of contributions, but also on the amount of the pension. The old age one (at 67 years) requires that the allowance be at least equal to the amount of thesocial allowance; the early contributory one (at age 64) requires that the allowance be equal to at least 2.8 for women with one child, or 3 times the social allowance. Since the “slide” anticipates the exit, the accrued allowance is often too low to exceed these monetary thresholds. Consequently, INPS cannot certify the future pension and the company cannot start the slide.
Macroeconomic variables and calculation uncertainty
To activate early exit, such as isopension, the INPS must issue a certification that guarantees that the worker can access the pension at the end of the retirement period. The problem is that the amount of the future social security check depends on variables that change every year, with the revaluation atinflation and based on transformation coefficients that is, the numbers that transform contributions into monthly income and are updated every two years based on life expectancy.
Therefore the INPS, not being able to know today exactly what the inflation and coefficients will be in 4-7 years, cannot calculate with mathematical certainty whether the future pension will exceed the thresholds (3 times the social allowance). Therefore, if in doubt that the amount may be lower than the legal limits, the certification will not be issued. Without this the company cannot start the slide.
The impact of conflicts on social security spending
From the INPS they let it be known that at the moment few applications have been rejected and that a message on this topic is arriving in agreement with the Ministry of Labour. It is a situation that undermines the redundancy and staff turnover plans of large companies that are pushing for redundancies and trade union agreements already signed. The problems for the social security system do not end here. The war risks impacting the INPS.
The increase in inflation linked to tensions on the energy markets will increase pension spending due to the revaluation of the allowances that the Dfp (the Public Finance Document) estimates +2.8% this year and +3.8% in 2027. Estimates that take into account that inflation reaches 2.9% in 2026 against 1.7% last October with a planned revision of the inflation rate from 1.5% to 2.4% and that it remains high for the two-year period. These are predictions conditioned by the evolution of conflict in the Gulf which in the event of an extension would need to be reviewed in the autumn on the occasion of the budget law. The maneuver should then take into account the increase in pension spending. Not good news for a government on the eve of the election.
