HOW IT WORKS
Pension Redemption Threshold Table
Below we provide the table with capital thresholds for 100% pension redemption in capital. We remind you that the pension redemption threshold table is updated annually at the beginning of the year and is valid for one year.
Disbursement of pension benefits
The right to pension benefits is acquired upon meeting the access requirements for benefits established in the mandatory system to which one belongs, with at least 5 years of participation in Complementary Pension Schemes.
- Pension benefits can be paid in capital, according to the current value, up to a maximum of 50%; the remaining part must be paid in the form of an annuity.
- Only in two cases is it possible to request 100% disbursement in the form of capital:
- if the subject was enrolled in complementary pension schemes before April 29, 1993 (old members) pursuant to Article 23 of Legislative Decree 252/2005 or if
- if the annuity resulting from the conversion of at least 70% of the final amount is less than 50% of the social allowance. The amounts of the final sum must be below the following thresholds:
Pension redemption threshold table
Tabella soglie riscatto per pensionamento
| wdt_ID | wdt_created_by | wdt_created_at | wdt_last_edited_by | wdt_last_edited_at | Età | Uomo | Donna |
|---|---|---|---|---|---|---|---|
| 1 | admin_fondapi | 27/07/2024 09:25 | admin_fondapi | 27/07/2024 09:25 | 57 | 163.370 € | 183.413 € |
| 2 | admin_fondapi | 27/07/2024 09:25 | admin_fondapi | 27/07/2024 09:25 | 58 | 158.656 € | 178.618 € |
| 3 | admin_fondapi | 27/07/2024 09:25 | admin_fondapi | 27/07/2024 09:25 | 59 | 149.280 € | 169.027 € |
| 4 | admin_fondapi | 27/07/2024 09:25 | admin_fondapi | 27/07/2024 09:25 | 60 | 144.618 € | 164.232 € |
| 5 | admin_fondapi | 27/07/2024 09:25 | admin_fondapi | 27/07/2024 09:25 | 61 | 139.979 € | 159.439 € |
| 6 | admin_fondapi | 27/07/2024 09:25 | admin_fondapi | 27/07/2024 09:25 | 62 | 135.375 € | 154.638 € |
| 7 | admin_fondapi | 27/07/2024 09:25 | admin_fondapi | 27/07/2024 09:25 | 63 | 130.812 € | 149.834 € |
| 8 | admin_fondapi | 27/07/2024 09:25 | admin_fondapi | 27/07/2024 09:25 | 64 | 126.293 € | 145.030 € |
| 9 | admin_fondapi | 27/07/2024 09:25 | admin_fondapi | 27/07/2024 09:25 | 65 | 121.799 € | 140.228 € |
| 10 | admin_fondapi | 27/07/2024 09:25 | admin_fondapi | 27/07/2024 09:25 | 66 | 117.323 € | 135.431 € |
| Età | Uomo | Donna |
Guide to correctly reading the table
The table shows precise threshold values (distinguished by gender and age) only for members who are assumed to submit a pension benefit application to the Fund on their birthday
Example: male worker, just turned 66 years old who has reached pension requirements
- if he has accrued an amount less than €117,323 (sum identified in the table based on his gender and age) he can request the liquidation entirely in capital without any annuity obligation;
- if, however, he has accrued an amount greater than €117,323 (sum identified in the table based on his gender and age) he will be obliged to request the benefit by choosing liquidation in the form of an annuity for at least half of the accrued amount.
If the above worker were to wait a few months before submitting the pension application to the Fund, for example 3 months, thus being in the condition of being 66 years and 3 months old, the table would not be able to provide him with a precise threshold value but an interval within which this value will be contained.
The worker will know that the threshold value is lower than that identified for 66 years, €117,323, and that it may decrease to a minimum value of €112,870 corresponding to the threshold value for 67 years.
