Pensions revaluation, increases. The details
Pensions, great news, the long-awaited increases arrive. In October, pensioners with allowances not exceeding € 2,692 gross per month will receive an increase up to a maximum of approximately € 50 per month. In November, all retirees, even those with allowances above the aforementioned threshold, will have the advance of the adjustment of the indexation with the arrears accrued in the first 10 months of the year, therefore with one-off amounts ranging from 10 to 130 euros. The publication in the Official Gazette of Legislative Decree no. 115/2022 (the so-called «aid bis» decree) finally makes it possible to make the first accounts on the advances of the revaluation of pensions expected in the last quarter of 2022.
Two sizes are on the way. The first – we read on www.pensionioggi.it – concerns pensioners with allowances currently not exceeding € 2,692 per month. In October they will receive an extraordinary revaluation (but transitory as it is destined to be reabsorbed from 1 January 2023) of 2% valid for the monthly payments of October, November and December (including the 13th).
There revaluation will be applied with the same equalization tool currently in force (art.1, co. 478 of law no. 160/2019) therefore with the criteria of progressivity (100% for localized treatments up to 4 times the minimum INPS treatment; 90% of the quota exceeding 4 times the aforementioned minimum treatment; 75% of the quota exceeding 5 times the Tm). Overall, the measure will bring increases between € 40 and € 50 for pensions between € 2,000 and € 2,692 per month.
Checks between € 2,692 and € 2,744 will receive a reduced increase up to the aforementioned sum (safeguard clause). In any case, the increase will not affect the income limits of income-related benefits (eg invalidity pensions).
The second novelty is the advance to November 2022 of the adjustment operations of the revaluation of 0.2% of last year (the final inflation in 2021 was equal to + 1.9% instead of the 1.7% provisionally applied by the INPS). The latter operation will affect all checks, even those above € 2,692 per month, to which arrears accrued in the first 10 months of the year will also be added. On average, these are increases of between 2 and 6 euros per month with arrears between 20 and 60 euros. The table shows the increases based on the amount of the retirement benefit.
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