The age and contribution requirements for retirement could increase by a further 3 months in 2029. This is what emerges from the latest update of the State Accounting Office’s Report on “The medium-long term trends of the pension and social-healthcare system 2025”, anticipated today by Il Sole 24 Ore.
In the previous Report, updated to 2025, 2 additional months were estimated from 2029.
The new estimated thresholds for old and early age
In particular, the tables show that the age requirements estimated on the basis of the median Istat demographic scenario (base 2024) to access the old-age pension would thus rise to 67 years and 6 months for the two-year period 2029-30 and those for early retirement to 43 years and 4 months (1 year less for women).
“In any case, the adjustments actually applied – it is specified in the report – will be those ascertained by Istat in the final balance”.
The current situation and the increases already expected
Currently the age requirement is 67 years for the old-age pension and 42 years and 10 months (1 year less for women) for the early one. Based on the provisions of the budget law, the 3-month increase that should have started from 2027 was reduced to one month for the year 2027 only, “confirming the increase in the requirements for access to the pension system in 3 months from 1 January 2028”, the report recalls.
The requirements from 2027 and 2028
To retire, you will therefore need 67 years and 1 month from 2027 and 67 years and 3 months from 2028; for early retirement, from 2027 the requirements rise to 42 years and 11 months from 2027 and 43 years and 1 month from 2028.
Long-term estimates up to 2084
For the two-year periods following 2029, the Accounting Office estimates a further increase of 2 months from 2031 and 1 month from 2033. The scenario taken into consideration is very broad and reaches 2084.
The impact of life expectancy on future requirements
«With regard to the evaluation of the adjustments of the age and contribution requirements, provided for by current legislation, to the change in life expectancy at 65 years, considering the median Istat demographic scenario (base 2024), a cumulative adjustment can be estimated, by 2084, equal to a total of 4 years and 9 months for the age requirements and 4 years and 4 months for the contribution requirement for access to early retirement regardless of the chronological age», is explained in the report.
The adjustments already verified from 2013 to 2027
Which adds: «on the basis of the finalized directorial decrees, adjustments for one year and three months were ascertained from 2013 to 2027, just over a quarter of those overall foreseen under current legislation in the time horizon considered».