Retirement for women: requirements for instructions and calculation of the income

Our social security system, wanting to sketch an imaginary portrait, seems to resemble more and more at sea in a continuous movement in search of a balance that is never final. Laws, decrees, debates, declarations of international organizations or political leaders, citizens seem increasingly confused, especially for too many “announcement effects”. When can I retire and how? One of the recurring themes is also often linked to equal opportunities and also benefit the female specificity. What then are the relevant information to the fair sex?
Method of calculation: how to calculate pension for women? The calculation methods are undifferentiated with respect to sex, except for some particular shade should be interpreted in favor. The rules are those introduced by the Dini reform of 1995, whereby the male and female workers were divided by 1 January 1996 in three categories:
workers with more than 18 years of contributions to the December 31, 1995: including the application of the method of pay.
workers under 18 years of contributions at 31 December 1995 are subject to the calculation of pension calculation the so-called mixed (pay for the portion of accrued pension on retirement before 1996, contributions for those acquired thereafter) and access to benefits for As regards the retirement age according to the rules of the pay system (unless they choose the full contribution).
newly hired workers from 1 January 1996 and those opting for the new system are subject to complete the new access rules and the method of calculating contributions.
What is the pension which comes from the method of pay and what is instead the result of the contribution? Applying the first method of calculation determines the pension in respect of earnings in the last period of working life, while conversely the contribution is calculated on the basis of contributions paid over the course of their working life. Going to a greater level of detail:
Pay: the pay method is a method of calculation which provides that the pension amount corresponds to a certain percentage of salary. That connects the pension to the last phase of working life, the key variables for the determination of pension are then incorporated by reference and on the rate of pay calculation.
Contributory: the method of calculating contributions determines the amount of pension contributions paid correlation with the long span of working life of the future percettrice. In the method the contributory amount of the contributions is calculated by multiplying the annual salary for employees or the income of self-employed, the rate calculation (33 per cent for employees and 20 percent for dependents). The sum of contributions results in an upright individual is reassessed annually as capitalization rate whereas the five-year average variation of the GDP (gross domestic product), calculated by Istat. Determining the pension then follows the conversion of that pillar pension on reaching retirement age, multiplied by a coefficient of transformation that takes into account the likelihood of survival and age of the insured to the date when the pension, such coefficients, recently updated as of January 1, 2010, are mixed with respect to sex which is an advantage for women on average live longer than men (about 5 years older).

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Eli Wads is one of our expert authors in technology and business fields.Currently living in San Marino, Eli has graduated at Southwestern Academy with a Bachelor Degree in business in 2008. Contact him by dropping him an e-mail at

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