Pensions: increases from January 2022, that’s for whom and by how much
From January 2022, pension increases should be triggered, based on the increase in the cost of living. The inflation rate, according to Istat surveys, in fact touched 1.7% in September and therefore will hardly go down. If in 2020 social security checks had increased by 0.5%, in 2021 everything had remained unchanged.
For over 22 million Italians there will therefore be an adjustment of the check, which will weigh about 4 billion euros on the INPS coffers. Not only the INPS will have to revaluate the social security checks, but also the other pension institutions.
The increases will not be the same for everyone, but will vary according to the membership bracket of each pensioner: an extra of about 300 euros per year is expected for those who now collect around 1,500 euros per month. The monthly increase will therefore be around 25 euros gross.
The increase will be calculated on the basis of the equalization method that the government will want to adopt: the system should come back into force in stages, more advantageous for the pensioner because the reductions in the revaluation rate are applied only to allowances above certain thresholds
The recovery of inflation will be 100% for the portion of the pension up to 2,000 euros per month gross, 90% for pensions which are 4 and 5 times the minimum (which corresponds to 500 euros) and 75% above this threshold.