Retirement age raised to 66 yrs seven months in 2016

Based on longer life expectancy says INPS pensions agency

(ANSA) - Rome, March 20 - Men's retirement age will be raised to 66 years seven months between 2016 and 2018, INPS pensions and social security agency said Friday.
    INPS implemented the measure after the economy ministry raised retirement age by four months based on longer life expectancy.
    Another adjustment will be made in 2019.
    Female retirement age between 2016-2018 will be 65 years seven months in the public sector, 66 years seven months in the private sector and 66 years one month for self-employed women.
    As of 2016, men will be able to take early retirement after 42 years and 10 months of social security contributions, women after 41 years and 10 months.


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