INPS, women retire later than men and with a 34% lower check

“It is found a worsening pay that is accentuated with each new birth. This phenomenon is accompanied by a significant disparity in the probability of abandonment of the labor market at the birth of the first child: while in the private sector this probability reaches 20%, in the public sector it remains considerably lower, reaching 6%”. The Annual INPS report Presented to the Chamber he tells a reality that is everyday life for many women, but also tells much more.

In 2024 the average retirement age rose to 64.8 years. It was 64.2 in 2023. The average age for the old -age pension is 67.2 years while the one for early is 61.6 years. The growth of age is due above all to the introduction of the contribution calculation and to the incentives to remain at work. Last year, 364 billion were spent on the payment of all pensions.

Gender inequalities

Great gender inequalities remain. For men. The average pension is 2,142.60 euros per month, a 34% higher figure to the average one received by women who are 1,594.82 euros. Women are 51% of pensioners but receive 44% of income. These pensions are the reflection of less remunerated and dotted interruptions and discontinuity work careers. Women also retire later: one year and five months more.

8.5% of retirees continue to work after retirement. The percentages exceed 20% among former agricultural workers and are below 1% for former public employees. The investigation is made on a sample of 123,893 retirees born from the 1950s. They are 21.6% among the retirees of the agricultural sector, 19.2% among the former craftsmen and traders and 27.4% among the pensioners of other social security entities and management. Less frequently happens among pensioners in the public sector (0.9%) and among the employees of the private sector (5.5%).

The contractual wages between 2019 and 2024 grew by 8.3% compared to an increase in prices of 17.4% in the same period. They have lost over nine percentage points of purchasing power. The employment rate has reached the 63%record, but it is still very under the European average. 98% of companies have even less than 50 employees.

Over 40 thousand of the so -called “brains” on the run have returned from abroad thanks to tax incentives. Pensioners who move abroad are growing: almost 38 thousand in 2023 especially from Trentino Alto Adige, Friuli Venezia Giulia and Valle d’Aosta.