(ANSA) - Rome, November 26 - The House budget committee on
Wednesday approved an amendment to the government's 2015 budget
bill capping so-called golden or high-end pensions as of January
1 next year.
Italy reportedly shells out approximately 3.3 billion euros
a year to some 33,000 recipients of golden pensions, which can
amount to upwards of 90,000 euros a year or 7,500 euros a month
gross.
In contrast, as many as 6.8 million pensioners have to
survive on pre-tax pensions of less than 1,000 euro a
month, of which two million live on less than 500 euro monthly,
Italy's INPS pension agency disclosed in July this year.
Budget committee OKs golden pensions cap
Changes to take affect as of January 1, 2015