glossario

Permanent or temporary income that the State or social security bodies institutions provide to public or private sector workers or to their family or reversioners.

The income refers to a previous employment period, generally starting from the retirement age, or else following events that provoked either a worker''s death or a condition of severe physical or mental impairment.

The basic pension is provided through the National Institute for Social Security (INPS) and through specific schemes for some professions.

The supplementary pension is provided through pension funds and it complements (though it is not a substitute for) the compulsory basic pension. The supplementary pension can be accessed upon reaching retirement age, provided one has payed paid into a supplementary pension fund for at least five years.