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Six mln pensioners in Italy get under 1,000 euros a month

Six mln pensioners in Italy get under 1,000 euros a month

Mostly women on low pensions

Rome, 07 July 2016, 15:46

ANSA Editorial

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(ANSA)- Rome, July 7- Almost six million pensioners in Italy, or 38% of the total, receive a monthly pension payment of less than 1,000 euros, social security agency INPS said in its annual report presented on Thursday.
    INPS said this section of the population received only 15.6% of their total spending, or just over 43 billion euros in 2015. Women make up 3.95 million of the 5.96 million people in this group.
    A new system of part-time work ahead of retirement introduced on June 2 was used by only 100 people in its first month, INPS President Tito Boeri said, noting high administration costs.
    Spending for permits to use in cases of severe disability or to assist family members amounts to more than three billion euros per year, with big differences between the public and private sector, Boeri said.
    He added that stricter controls were needed to monitor who received these permits, and that their use was too high in the public sector.
   

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