The Pension represents the remuneration paid to a person at the end of the working activity and following the submission of the specific application.
In Italy there are different types of pension such as:
- old age pension;
- disability pension;
- reversibility pension;
- retirement pension;
- survivors’ pension;
- indirect pension;
- war pension.
The Italian pension system is mainly based on the public pension (first pillar pension), i.e. the pension paid by public social security bodies, and since 1993, with Legislative Decree 124/1993 modified with the Dini Reform of 1995, there has been the introduction of Pension funds (second pillar social security).
In Italy, pensions are calculated using three systems:
- remunerative;
- contributory;
- mixed.
Read the guides for more information:
- Retiring in 2016: requirements
- Reversibility pension: what is due to the wife, children and other family members. Cases and calculations.
Public employee pension, news: rules, age and requirements. Practical guide