Pensioners in Italy are facing a significant financial adjustment beginning in June 2025, as the National Institute of Social Security (INPS) will implement a pension cut to recover bonuses erroneously paid in 2022. This move is set to affect many retirees who received two specific bonuses: one of 200 euros for individuals with incomes up to 35,000 euros, and another of 150 euros for those earning below 20,000 euros.
Starting in June 2025, affected pensioners will see a reduction of 50 euros from their monthly pension payments. This reduction will continue until the total amount owed is fully repaid, which could total either 200 euros or 350 euros, depending on individual circumstances. If a pensioner needs to return 350 euros, the cut will persist until the end of the year 2025.
The cut will apply to those pensioners who, despite receiving the bonuses, had incomes exceeding the stipulated limits in 2021. Specifically, those who earned above 35,000 euros for the 200 euro bonus or above 20,000 euros for the 150 euro bonus will be required to repay the amounts received. This decision stems from an initial miscalculation by INPS, which relied on provisional income data at the time the bonuses were distributed.
As the government under former Prime Minister Mario Draghi introduced these financial aids to mitigate the impact of rising energy prices, the provisional income data used for determining eligibility has now been updated with final figures. This discrepancy has led to the necessity for INPS to reclaim the excess bonuses paid to certain pensioners.
For those who are unsure if they will be affected by the cuts, INPS is expected to notify them through official communications, which may include a receipt or an online message. Pensioners should verify their income data from 2021, including all sources of income such as pensions, investment returns, or rental income. This information is typically found in the tax declaration submitted in 2022.
If a pensioner believes they did not exceed the income thresholds for the bonuses, they can contest the INPS decision and potentially reclaim any amounts deducted. It is advisable for these individuals to seek assistance from a patronage service or tax assistance center to navigate this process effectively.
In addition to the cuts, June 2025 will also bring new financial opportunities for pensioners, as INPS introduces three additional allowances aimed at enhancing the annual income of retirees. These measures include the fourteenth monthly payment, the thirteenth bonus, and social increases for individuals with disabilities.
The fourteenth monthly payment, which is not scheduled for June but will be available in either July or December 2025, targets pensioners aged 64 and older who have low to medium incomes. The amounts for this payment will vary between 336 and 655 euros, depending on the pensioner’s income level and years of contribution to the social security system.
Moreover, the thirteenth bonus, which amounts to 154.94 euros, will be distributed in December 2025 to those receiving pensions below certain income thresholds. This payment will be credited automatically, requiring no additional application from pensioners.
Furthermore, civil invalids classified as partial will be eligible for an annual social increase of 134.29 euros, while those with total disabilities will receive an increase of 104 euros per year. These measures are designed to provide concrete support to pensioners, particularly those in vulnerable economic situations.
For further details about these changes and to ensure compliance with any new regulations, pensioners are encouraged to consult the INPS website or reach out to a patronage service for personalized assistance. Understanding these adjustments is crucial for managing finances effectively in the coming years.
