Pensions and social security agency INPS said Friday that 6.4 million people claiming State pensions in Italy, 39.6% of the total, were on less than 1,000 euros a month. This percentage is down from 40.3% in 2014. The percentage on under 1,000 euros is much higher among women, 48.3%, than for men, 29.8%.
Italy spent 280.2 billion euros on State pensions and benefits for the disabled in 2015, an increase of 1.2% with respect to 2014, INPS said Friday. It said the average amount of the pension or benefit was 12,136 euros a year. It said that 16.2 million people benefited.
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