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Italy Weighs Targeted Curb to 2027 Pension Age Increase Tied to Life Expectancy

Budget limits point policymakers toward selective protections rather than a universal freeze.

Overview

  • From 1 January 2027 the statutory retirement age is scheduled to rise to 67 years and 3 months under the Fornero law’s life‑expectancy adjustment.
  • Ordinary early‑retirement thresholds would move to 43 years and 1 month of contributions for men and 42 years and 1 month for women.
  • The government is assessing a selective freeze to shield early entrants and workers in arduous jobs, with people already 64 in 2027 discussed as potential beneficiaries.
  • Options under review also include a two‑year suspension of the adjustment for 2027–2028 or a phased increase of one month per year through 2029.
  • Officials point to tight public‑finance room in the 2026 budget, making a blanket freeze unlikely, and existing early‑exit channels such as Quota 103, Ape Sociale and Opzione Donna remain available.