Business · Economy · 2 hrs ago

Study examines whether buying back university years can bring earlier retirement

Study examines whether buying back university years can bring earlier retirement

A Smileconomy analysis examines whether people in Italy can retire earlier by paying to have their university years count toward pension contributions.

It considers people’s ages, contribution records and when they began working and paying into the system.

The analysis also looks at income and the cost of buying back those years.

Italy’s retirement requirements could move later by as much as three years by 2049, according to the story.

The option may not be worthwhile for everyone and could be of no use to some people.

The available information does not give specific eligibility rules or say which profiles would benefit.

Sources

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