As April 2025 approaches, millions of Italian pensioners will receive their monthly payments, but they should be prepared for various tax deductions that will affect their take-home amounts. Starting on April 1, 2025, the Italian National Social Security Institute (INPS) will begin processing pension payments, which will include several significant deductions and adjustments.
The most substantial deduction for the upcoming month is the IRPEF, or Personal Income Tax, which is calculated based on progressive income brackets. This means that the higher a pensioner's income, the greater the percentage of tax deducted. The IRPEF deduction will be the largest component of the pension slip for April 2025, according to reports from various sources.
In addition to IRPEF, pensioners will also see regional and municipal surtaxes deducted from their payments. These local taxes, which relate to the 2024 tax year, will be collected in 11 installments from January to November 2025. This system is designed to ease the financial burden on pensioners by spreading out the payment over several months.
Some pensioners may also face IRPEF adjustments for the 2024 tax year. This adjustment applies specifically to those whose total pension income does not exceed 18,000 euros annually and who have an outstanding tax balance greater than 100 euros. For these individuals, the INPS will automatically recover the owed amounts through deductions from their monthly pensions.
It's also important to note that certain categories of pensioners are exempt from these taxes. This includes individuals receiving social security checks, civil disability pensions, benefits for victims of terrorism, and pensions for residents abroad under specific agreements.
For many pensioners, the April 2025 pension payment may be slightly higher than usual. INPS has confirmed that there will be an increase of 8 euros per month for specific categories, including social allowances and pensions for civilly disabled individuals. Additionally, arrears payments for the months of January, February, and March are expected to total around 24 euros, which will also be reflected in the April paycheck.
The payment date for pensions is crucial for pensioners to remember. Payments will be available on Tuesday, April 1, 2025, for both those receiving direct deposits into their bank accounts and those opting for cash withdrawals at post offices. However, pensioners withdrawing cash should be aware that this method is limited to amounts up to 1,000 euros net. For withdrawals exceeding this amount, pensioners must provide INPS with their bank account information for direct deposits.
Looking ahead, the first day for pension withdrawals in May will be May 2, 2025, as May 1 is a holiday. This scheduling is important for those who rely on cash payments to plan accordingly and avoid long lines at post offices.
The INPS has also made it easier for pensioners to monitor their payments. Pensioners can check their monthly pay slips through the official INPS portal, where they can view their gross and net amounts, details of tax deductions, and any arrears or adjustments. This transparency is vital for pensioners to identify any discrepancies or changes in their payments.
Furthermore, the Certificazione Unica (CU) 2025, a document necessary for income tax declarations, has been available since March 14, 2025. Pensioners can download this document directly from the INPS portal, facilitating their tax management and ensuring compliance with their fiscal obligations.
In summary, while the April 2025 pension payments will bring some increases and adjustments, pensioners must remain vigilant regarding the various tax deductions that will impact their finances. With the right information and tools, they can navigate these changes effectively.
