Degree, redemption becomes flexible But only for those who work from 96

Those who today demand graduation, retire first, would do well to sit down. The account presented, in terms of contributions to be paid, is almost always very salty. To understand: a 40-year-old woman with 11 years of work and an income of 36,000 euros gross per year should pay 65,000 euros. Two years salary. Few can afford it, many give up. But the rules could change and the buyout of the diploma could become flexible. What does it mean?

He will be the directly interested party decide the amount of money to be paid to the INPS to badert that the years of university have worked. Accept a lower pension if you do not pay a lot. He nevertheless earns four or five years, depending on the duration of his studies, in view of retirement. The new rules should be finalized soon and include the amendment or decree that will define the quota mechanism 100, ie the possibility to leave the job with 62 years and 38 contributions. But they will not immediately have their effects heard.

To be able to exploit the flexible redemption only those who started working and pay social security contributions after 1 January 1996. Date not chosen at random. In fact, those who started working after that day will have a pension with the contributory system. A check, calculated on the basis of contributions paid throughout his working life. Those who, at that time, were already working and paying the contributions, will benefit from a retributive or mixed pension calculated on the basis of the salary received during his lifetime. And therefore tendentiously higher.

Flexible redemption, by essenceit becomes a small advantage for those who can apply a less advantageous method of calculation. But how will it work in detail? The partial purchase of the diploma is possible today. Social security contributions, that is to say, can be paid not for all years of the curriculum but only for some. The new takeover would be rather flexible: instead of the 65,000 euros requested in the example of the beginning of this article, our 40-year-old wife could decide to pay only 10,000 euros. In this way, his future allowance would be lower because his contributory amount would decrease, that is to say the sum of the contributions paid during his life. But he could still save time and quit work first.

The flexible buyout had already been discussed in the past. Even the Renzi government had thought about it. But the hypothesis was then dismissed because it was thought that it applied to everyone, not just to those who started working after 1996. In this case, however, that would have resulted in a substantial and immediate cost to the state.