Italy raises retirement age / From 2029, the threshold will reach 67 years and six months

Italy will raise the retirement age by a further three months starting on January 1, 2029, according to the latest estimates by the General State Accounting Office, based on changes in life expectancy. Retirement at the standard age would therefore become possible at 67 years and six months.

Conditions for early retirement will also be tightened. In 2029, 43 years and four months of contributions will be required, regardless of age. For women, the required contribution period will be one year shorter.

The increase will be implemented gradually. Currently, the standard retirement age is 67, while early retirement requires 42 years and 10 months of contributions, with one year less required for women. From 2027, the thresholds are expected to increase by one month, and from 2028 by a further two months.

The Lega party, led by Matteo Salvini, opposes the increase and is calling for it to be frozen. The party also supports the possibility of retirement at age 64 for people who began working before 1996.

In Romania, the standard retirement age is 65 for men and is gradually increasing to the same level for women. The minimum contribution period is 15 years, while the full contribution period is 35 years.