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Information for Italian retirees

Article 38 of Law 448 of 28 December 2001 lays down that under certain conditions, retirees collecting Italian pensions could be eligible to receive increased retirement benefits up to Euro 516.46 (equal to one million lire). The increase is scheduled to take effect as of 1 January 2002.

Pensioners may be eligible for the increase under the following conditions:

AGE AND NUMBER OF YEARS OF CONTRIBUTIONS

(including foreign contributions in the event of retirement under special conventions):

- 70 years of age, regardless of the number of years of contributions

- 69 years, with at least 2 years and 6 months of contributions

- 68 years, with at least 7 years and 6 months of contributions

- 67 years, with at least 12 years and 6 months of contributions

- 66 years, with at least 17 years and 6 months of contributions

- 65 years, with at least 22 years and 6 months of contributions

- 60 years, for those collecting disability pensions.

INCOME

- personal annual income of less than Euros 6,713.98 (equal to Lire 13,000,000);

- personal annual income plus spouse's income totalling less than Euros 11,271.39 (equal to Lire 21,824,000).

For residents abroad, the total amount of the additional benefits cannot be more than Euros 123.77, equal to the difference between the minimum retirement benefits in 2002 and Euros 516.46.

If you feel that you meet these requirements, you should contact the Italian Consulate or an Italian Aid Office where you will receive further information and instructions and can fill out an application form requesting an adjustment of your retirement benefits.

Please submit the following documents to the Consulate or Aid Office:

- a copy of the most recent receipt of Italian retirement benefits payment;

- a copy of the most recent receipt of foreign retirement benefits payment;

- a copy of the most recent receipt of spouse's Italian retirement benefits payment;

- a copy of the most recent receipt of spouse's foreign retirement benefits payment.

 

 

 

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