The Italian Government is preparing important changes for the pension system with the Pension Reform 2025. This guide explores the main expected changes, analyzing the proposals under discussion and the potential changes that could affect future
retirees.
What’s new in the 2025 Pension Reform
The 2025 Budget Law will include the new pension reform, which will bring with it significant changes to the current methods of early retirement and will introduce new incentives for workers.
1. Share 103 with Reduced Amounts
The Government is considering confirming Quota 103, but with reduced amounts compared to 2024. Currently, those who opt for Quota 103 suffer a 10% penalty on the amount of the check. With the new reform, this reduction could increase by up to 20%, making this early retirement option less advantageous
.
2. Weakened Woman Option
In 2025, the Women’s Option measure could be downgraded. This option allows women with at least 35 years of contributions to retire at 61 (or less, depending on the number of children). However, to reduce social security spending, the Government could introduce more restrictive access criteria, thus limiting
the number of beneficiaries.
3. Stop at Quota 41 for Everyone, “Light” Version Hypothesis
The proposal for Quota 41 for everyone, which would allow you to retire with 41 years of contributions regardless of age, will probably not be implemented due to lack of resources. However, a ‘light’ version is being discussed, which could include significant reductions in checks, with an average cut of
20%.
4. TFR in Pension Funds
One of the proposals under discussion involves allocating 25% of severance pay (severance pay) to pension funds. This measure would aim to strengthen the supplementary pension, especially for young workers under 35 with few contributions paid
.
5. Minimum pensions at 1000 Euro
Another proposal under discussion is the increase in minimum pensions to 1000 euros. Although the achievement of this increase depends on the availability of resources, the Government seems intent on pursuing this path, with the aim of implementing the change by
2027.
6. Flexible Retirement, CNEL Proposal
The CNEL has proposed a flexible retirement model that would allow workers to retire between 64 and 72 years old, with the amount of the pension allowance increasing according to their exit age from the world of work. This proposal could replace the current Quota system.
7. Ordinary Early Retirement with Extended Windows
The Government could extend the exit windows for ordinary early retirement, increasing the waiting period from 3 to 6-7 months. This change would aim to reduce pressure on public finances
.
8. New Cut to Golden Pensions
A new cut in gold pensions could be included in the 2025 Budget Law, affecting in particular checks above 5,679.41 euros. The revaluation percentage could be further reduced by up to 20%
.
9. Social APE Confirmed
The Social APE, the early retirement mechanism for specific categories of workers, will probably be confirmed in 2025 with the same current rules. This tool is aimed at people with at least 63 years and 5 months of age and a contribution seniority varying between 28 and 32
years.
10. 71 Year Old Retirement Bonus
Among the proposals there is also that of introducing a bonus for those who decide to retire from work at 71 instead of 67. This incentive is still under discussion and the specific details have not yet been clarified.
The Pension Reform 2025 promises to introduce significant changes, with the aim of making the pension system more sustainable. Many of the proposals are still under discussion, and only the Budget Law 2025 will provide definitive confirmation. Stay up to date for all the news
.
