Around 6.8 million retired
Italians, 43.5% of the total, had monthly pensions of less than
1,000 euros in 2013, national social security agency INPS said
Tuesday.
It added that over 2.1 million pensioners had a monthly
income of less than 500 euros a month, while almost 70% were on
less than 1,500 euros a month.
The figures were contained in Istat's annual "social
balance sheet" report.
The report also revealed that the number of public sector
workers fell by 64,491, or 2.1%, in 2013 with respect to 2012.
It said the number of private-sector employees fell by
140,195, 1.1%, in the same period.
INPS said spending on benefits increased by 1.982 billion
euros (15.8%) in 2013 to climb to 14.514 billion.
The agency added that it registered a deficit of 8.7
billion euros in 2013 between contributions and spending, an
improvement of around one billion euros on 2012.
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