Pensions: Covid effect, INPS spending -11.9 billion until 2029

Covid does not stop quality at the table, 16 billion DOP Economy (ANSA)

(ANSA) – ROME, FEBRUARY 15 – In 2020, INPS saved 1.1 billion in spending on pensions due to excess mortality due to Covid. This is what emerges from the ninth Report of Social Security Itineraries according to which there will be 11.9 billion less expenditure up to 2029. “96.3% of the excess mortality recorded in 2020 – we read – concerned people aged 65 or over, almost all retired. Considering the disbursement of new survivors as compensation, it is quantified in 1 , 11 billion savings, sadly produced in 2020 by Covid in favor of INPS, and about 11.9 billion the lowest expenditure in the decade “. There are over 476 thousand IVS pensions (disability, old age and survivors) paid by over 40 years; 423 thousand are the services relating to the public sector and 53,274 those relating to the private sector. Among these, over 217 thousand are disability or social security disability allowances while those to survivors are over 183 thousand overall (168,403 in the private sector with an average age at the beginning of 38.29 years).

Old-age pensions in force for over 40 years are 53,634 in the private sector (with an average age at the beginning of 53.76 years) and 21,104 in the public sector. (HANDLE).

Source: Ansa

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