The Italian pension system will change significantly in 2027, when the retirement age and minimum contribution years will be adjusted based on life expectancy. Although the government has promised to freeze the increase for those who turn 67, the real effects will be minimal. Ionela Mihaela Dumitru, a specialist in taxation and pensions, emphasizes that, in practice, the threshold of 67 years will become insufficient, and 43 years of contributions will no longer guarantee access to early retirement.
Italian legislation reviews retirement criteria every two years, and the increase in life expectancy will lead to higher age requirements. In 2027, a three-month increase in retirement conditions will be applied. Although the government has announced that it will freeze this increase for those who turn 67 in 2027, the measure is considered rather formal, as the increase will be offset by delaying the first pension payment.
Thus, those who meet the conditions in 2027 will theoretically be able to retire at 67, but will receive the first payment after two months, and starting from 2028, the waiting period will increase. The conditions for early pensions will become stricter, reaching 43 years and 1 month for men and 42 years and 1 month for women.
In conclusion, retirement in Italy will become more difficult, and workers will be forced to remain active longer than anticipated, in the context of a continuous increase in life expectancy.