When they pay the January 2025 pension: consult the dates and everything you need to know on the payslip.
The pension slip, accessible via an online service, is the document that allows pensioners to verify the amount paid each month by INPS and to know the reasons why this amount may vary.
Below is the main information on the pension payslip January 2025.
PAYMENT DATE
The payment of the January 2025 pension installment will take place with currency January 3.
Pensions are payable on the first day of the bankable month, with the sole exception of the month of January, with a single payment order including all the pension and welfare benefits of the holder.
Please also remember that cash payment is only permitted for total amounts up to one thousand euros net. Therefore, if the amount due to the beneficiary exceeds this limit, the interested party is required to communicate to INPS the financial report on which to obtain payment.
The communication can be made using the “Changing pension credit details” service.
DEFINITIVE REVALUATION INDEX FOR 2024
The pension revaluation index for 2024 was confirmed at 5.4%, already assigned provisionally from 1 January 2024; therefore, no adjustment is due as a revaluation for the.
RENEWAL OF PENSIONS, WELFARE BENEFITS AND PENSION SUPPORT BENEFITS FOR 2025
The pension renewal operations for the year 2025 have been carried out.
The provisional pension revaluation index for 2025 is equal to 0.8%, subject to an adjustment to be made the following year; retirement benefits (extraordinary allowances, isopensione, expansion allowance, social APE) are not revalued, since they do not have the nature of a pension benefit.
It should be noted that the renewal operations may have generated credit or debit adjustments for various reasons relating to the pension amount paid in the year 2024. These amounts were reported in the pension slip for January 2024, with the description “Pension Adjustment from Renewal”.
For further information on the pension renewal operation for the year 2025, please refer to the circular that will be published on the INPS website.
TAX WITHHOLDINGS: REGIONAL AND MUNICIPAL ADDITIONALS, 2024 ADJUSTMENT AND 2025 TAXATION
The final recalculation of the tax withholdings relating to 2024 (IRPEF and additional regional and municipal balance) was carried out on the basis of the total amount of the pension benefits paid by INPS only.
If the withholdings were made to a lesser extent than the amount due on an annual basis, the INPS, as withholding tax, must recover the differences due on the pension installments for January and February 2025 even with the elimination of the amount of pension being paid, where the taxes are equal to or greater than the amount of the monthly installment being paid.
Only in the case of pensioners with total annual amount of pension payments up to 18 thousand eurosfor which the recalculation of IRPEF resulted in a debt adjustment of an amount exceeding 100 euros, the installment is extended until the November month (article 38, paragraph 7, legislative decree no. 78/2010, converted into law no. 122/2010).
As for the taxable benefitsFurthermore, starting from the January pension installment, in addition to the monthly IRPEF, the additional regional and municipal taxes relating to 2024 are withheld.
Please remember that these withholdings are made in 11 installments in the year following the one to which they refer; the adjusted sums will be certified in the 2025 Single Certification.
Civil disability benefits, pensions or social allowances, benefits not subject to taxation for particular reasons (tax relief for foreign residence, victims of terrorism) they do not suffer tax withholdings.