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PUBLISHED BY Arlati Ghislandi
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Banking sector: inclusion of university years for pension calculation (“riscatto”) now possible

INPS issued the circular message implementing the possibility for employers, i.e. banks, to include and redeem periods useful for the calculation of the employee’s right to early or old-age pension, prior to access to the solidarity fund for ordinary and cooperative Credit companies, as per budget law 2017.

The above is limited to the 2017-2019 period; requests will have to be submitted by November 30th, 2019. Banks are required to submit requests at least 4 months prior to termination of employment.