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INPS says 6.4 mn pensioners on under 1,000 euros a month

Pension spending up 1.2% to 280 bn - INPS

Redazione Ansa

(ANSA) - Rome, October 28 - 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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