The transformation coefficients-proiezionidiborsa.it change
With the lowering of life expectancy, the transformation coefficients, for the first time, undergo an increase. And also quite considerable. This creates a clear difference between those who retire in December 2022 and January 2023. Even with the same years of contributions and the same age. Let’s see how they work and how they affect the pension of those who log in
THE transformation coefficients are very important percentage values. They serve, in fact, a transform the contribution amount into an annual pension. Obviously, referring only to the contributory portion of the pension and not to the salary portion.
These are values that are the same for everyone and grow with increasing age e are updated every two years. Those in force will be valid only for those who retire until 31 December 2022. Then the transformation coefficients change from 1 January 2023 and surprisingly they are taller. And, therefore, more convenient for those who go out.
Higher pension for those who join from 1 January 2023
Good news, therefore, for those who enter retirement from 1 January 2023 who find themselves having a more favorably calculated pension. With the change of the transformation coefficients, in fact, there is a gain and not a little on the gross annual pension.
Those who access the pension from 1 January 2023 find themselves having a pension calculated more favorably-proiezionidiborsa.it
Suffice it to say that the value for those who retire at the age of 67 goes from 5.575% to 5.723%. But how much does it affect an old-age pension? Let’s take a practical example to find out.
How much does the old-age pension increase?
Let’s assume that a 67-year-old worker has a contribution amount of 380,000 euros. If he retired in December, applying the transformation coefficient in force in 2022 he would have:
- a gross annual pension of €21,185;
- a gross monthly pension of 1,629 euros for 13 months.
By postponing the release to January 1, 2023, it would instead have:
- an annual gross pension of 21,747 euros;
- a gross monthly pension of 1,672 euros for 13 months.
The transformation coefficients change from 1 January, the effects on the new pensions
This is an increase in the gross monthly amount of the pension of approximately 40 euros and an annual increase, also gross, of 562 euros. Without additional contributions, without doing anything except waiting a month.
These are the effects of the new coefficients transformation that change from 4.186% to 4.270% for those who leave at 57. Until you get to the cheapest change which is that for those who leave at the age of 71, it goes from 6.466% to 6.655%.
An annual gross increase of 562 euro-proiezionidiborsa.it
In the light of the above, therefore, retirement in 2023 should be significantly cheaper compared to past years. And this can only be good news given that many had announced a downward change in the coefficients.
