ROMA (ITALPRESS) – The number of pensioners is stable. Although they represent the majority of pensioners, women perceive less than half of total pension income, due to historically more discontinuous contributions of lower wages. At 31 December 2025, pensioners were around 16.4 million, of which 8 million males and 8.4 million females. This is what emerges from the Inps 2026 Annual Report. The gross amount of total pensions paid was approximately EUR 371 billion. Although they represent the majority share of the total pensioners (51%), the females perceived 44% of pension income, that is 163 billion euros against 207 billion males. Compared to 2024, the average gross monthly pension income rose by 1.3%.
The amount of income perceived by men was higher than that of women of about 34%. Pension spending has increased, from 347 billion euros in 2023 to 371 billion in 2025. This dynamic is largely due to the evolution of the average amounts, the effects of reassessment and the composition of the benefits provided, more than to a significant increase in the number of pensioners. There are 15.8 million pensioners Inps, 21 million pensions paid, 3.8 million invalidity benefits, 915 thousand allowances and social pensions. The gross amount of the average monthly pension income is EUR 1.885.11, for Inps pensioners rose to EUR 1.905.98.
ETÀ MEDIA PENSIONATI 64,7 ANNI NEL 2025, ERA 61,7 NEL 2012
The average age of pensioners is growing. Overall it passed from 61.7 years in 2012 to 64.7 years in 2025. The increase is particularly evident for old age pensions, whose average age is stable around 67 years from 2020. Early retirement pensions follow a more irregular dynamic: after the maximum observed in 2020, equal to 62.1 years, the average age is 61.7 years in 2025, more affected by outgoing flexibility channels. The average age at the beginning has risen from 57 years and 7 months in 1995 to 64 years and 10 months (+7 years and 3 months) in 2025.
CRESCONO I PENSIONATI LAVORATORI, 158MILA NEL 2023
The number of workers pensioners grows rapidly: from about 40 thousand in 2019 to almost 158 thousand in 2023. At the same time, the share of those who resume working in the same enterprise in which they were employed before retirement, confirms the importance of continuity of relations even after formal exit from the labour market. From the demographic point of view, workers’ pensioners have an average age at the age of 64 to 65 and a male prevalence, although the proportion of women is slightly increased over the period. A distinctive feature is the diffusion of part-time, which affects an increasing share of this audience and suggests how post-retirement work is often configure as a reduced-intensive activity. In the territorial context, the distribution reflects the localization of economic activities, with a greater concentration in the regions of the North.
27,2 MLN DI ASSICURATI NEL 2025
In 2025 insured Inps, all workers, employees and independent, obliged to social security payments, amounted to 27.2 million, showing an increase of 244,000 compared to 2024, of approximately 1.7 million compared to the pre-pandemia figure of 2019 (+6.8%), of 2,55 million compared to 2014, which had been the minimum point after the double shock of the years 2008-2014 (international financial crisis and sovereign debt crisis). Overall, while insured employees (agricultural workers, household workers, public employees, private employees) are constantly increasing, on the contrary independent insurers (artists, traders, autonomous agricultural work, collaborators and professionals of the Separate Management, accessory and occasional work, voucher perceptions) are constantly diminished.
NEL 2025 BONUS NUOVI NATI PER 72,9% DEI BAMBINI
The comparison between the number of children receiving the Newborn Bonus and the total number of children born in the year shows a share of 72.9%, which measures the percentage of families who have had access to the performance in the presence of the subjective requirements provided by the norm and an ISEE indicator not exceeding 40,000 euros. In relation to the number of births in 2025 with Universal Unique Assign to the total number of births 2025, a measure is obtained that represents the take-up of the UU for the generation of new births: this value is 92.9%. In this case it is a universal measure which, therefore, prescinds from the ISEE level, is plausible to expect a growth of such take-up, with reference to the questions that will be received in the coming months.
CON BONUS ASILO +6 PUNTI PERCENTUALI PROBABILITÀ OCCUPAZIONE MADRI
Increases the likelihood of employment for mothers who have had access to the nest Bonus of about 6 percentage points. Considering that the probability of being occupied in the sample is 36%, this corresponds to an increase of approximately 17%. This is a rather significant effect, especially if you consider that the bonus value was still relatively low. This suggests that, despite the limited extent of the transfer, the measure has been able to significantly affect mothers’ job offer decisions. There is no significant effect on the intensive margin. Neither the salary perceived nor the number of weeks worked in the two years after the birth of the child are influenced by the benefit of the Bonus kindergarten.
NEL 2025 RISULTATO D’ESERCIZIO +3.496 MLN SU ANNO
On the economic-patrimony level, the year 2025 closed with a positive operating result of 4.525 million, an improvement of 3,496 million compared to 2024, when it was 1,029 million. This result, net of the allocations to the legal reserves and the reserve fund of the Solidarity Funds, determines an economic deficit of 1,130 million. Due to the result of the financial year achieved and the reduction of the debt for treasury anticipations, the net assets from 35,313 million beginning of the financial year to 42,838 million at 31 December 2025.
Financial management for the financial year 2025 closes with a surplus of 16,818 million, as a difference between 571.210 million for the investigations and 554.392 million for the commitments, due to current balances (13,813 million) and capital account (3.004 million). The financial management of cash, with levies of 561.375 million and payments of 554.916 million, has a positive differential of 6,458 million which, added to the initial fund, determines a surplus of 48,411 million. The administrative surplus amounted to 136,759 million, as can be seen from the algebraic sum between the final cash fund, active residues and passive residues.
FAVA “PRESUPPOSTO DI SOSTENIBILITÀ DEL SISTEMA PREVIDENZIALE”
“Work is a central element in people’s lives, as our Constitutional Charter recognizes, and is at the same time the assumption of the sustainability of the social security system. Italy today has high levels of employment. According to Istat data, the employment rate has steadily exceeded 63%. In 2025, insured workers’ audience Inps reached approximately 27.2 million, according to the data of the Report, scoring a new record. It is a number that does not only photograph an administrative dimension. Photograph the royal base on which our social security pact is held. Indefinitely dependent work has supported an important consolidation phase.” Thus the President of the Inps, Gabriele Fava, during his report to the Inps Annual Report
“But it would be a mistake to stop at the surface of the number. The Italian work grows, changes nature, ages in its demographic composition, increasingly depends on the contribution of foreign workers and sees some historical forms of self-employment as professionals, collaborators and members of the Separate Management grow,” he adds.
“Previous sustainability is not only built by changing requirements, windows or coefficients. It builds first, inside the labor market. If the job is weak, the pension will be fragile. If wages are low, the contributions will be insufficient. If young people and women remain on the margins, the system loses contributions, productive capacity and cohesion. The great challenge is not only to attract work, but to consolidate skills, productivity and employment continuity in the country. It means bringing young energies, enhancing over 55, accompanying companies in innovation paths and sustaining a growth capable of making the social pact more solid,” says Fava.
– Photo Ipa Agency –
(ITALPRESS).
