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Public employment, with Quota 100 the push for early pensions rises

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Also as a result of Quota 100, the race of public employees for early retirement continues. In 2020, the INPS paid out 179,230 checks to the state, for an expenditure of 4.65 billion and over half, 58% to be precise, with requirements lower than the 67 years of age set for old age treatment. Photographing the situation is the Institute’s Pensions Observatory led by Pasquale Tridico.

Over 3 million retired state employees

In the public sector, pensioners have exceeded the million mark. At the beginning of this year, a total of 3,029,451 public workers were retired, with an increase of 1.3% compared to the 2,990,412 treatments recorded the previous year (also taking into account those that ceased).
The total annual mass of pensions paid (multiplied by 13) amounts to 76.7 billion euros, with an increase of 2.2%, again with respect to the figure recorded in the previous year, while the average monthly amount of checks, again at at the beginning of 2021, it was quantified at 1,948 euros.

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In 2020, retirements rose by 8.4%

The survey by the INPS Observatory confirms the high number of retirements, especially in early form, but at a slightly slower rate than that recorded in the first year of Quota 100 experimentation, or in 2019.
In 2020, also thanks to the possibility of leaving with at least 62 years of age and 38 of contributions, introduced by the “Conte 1” government, the checks paid increased by 8.4% compared to the 165,327 paid in 2019, when, however, it was registered a 10 percent surge. In particular, 98,453 advance allowances were paid (54.9% of the total), and just 33,428 old-age pensions (18.7%). There were 4,787 disability benefits, 4,035 to survivors as insured and 38,527 pensions paid to survivors from public pensioners (21.5% of the total).

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At the beginning of 2021, a check of 2,032 euros for state employees

From the survey by the Inps Observatory it emerges that at the beginning of 2021, 58.6% of the checks are paid by the Pension Fund for State Employees (Ctps), followed by the Pension Fund for Employees of Local Authorities (Cpdel) with 38% while other funds absorbed 3.4% of retirements.
The average monthly amount of the salaries of state employees is 2,032 euros while that of the staff of local authorities is 1,631 euros. The one for the health pension fund, which is 4,634 euros, is higher.
Looking at 2020, the pensions paid to public employees amounted to 179,230 for a total expenditure of 4,654 million and with an average monthly amount of 1,997 euros. The average amount slightly exceeds 2,000 euros for former state employees and is equal to or 1,753 euros for employees of local authorities. For the health insurance fund in 2020, the average monthly treatment was 4,823 euros.

Over 40% of pensions in the North

With 40.7% of the benefits and 39.3% of the expenditure, pensions for public employees in force at the beginning of 2021 are concentrated above all in the North of Italy. 36.4% of the checks are addressed to the South and the Islands (and 36.5% of expenditure) while in Central Italy 22.6% of checks and 24% of expenditure are paid. Only 0.3% of the expenditure is paid to retirees abroad.

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