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Over 42% of Italian pensioners on less than 1,000 euros

Some 210,000 retirees pocket over 5,000 euros a month

02 April, 10:35
Over 42% of Italian pensioners on less than 1,000 euros (ANSA) - Rome, April 2 - Just over seven million Italian retirees, 42.6% of the total of 16.6 million, had pensions of under 1,000 euros a month in 2012, national statistics agency Istat said Wednesday. At the other end of the scale, Istat said 1.3%, 210,000 people, had pensions of over 5,000 euros a month in 2012.

Furthermore, 11,683 - 0.1% of the total - had so-called golden State pensions of more than 10,000 euros a month.

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