Will we retire at 70? Here’s when, the retirement age tables that explains everything (year by year)

The employment continues to pull, touching the new record of 24.3 million workers, while youth unemployment also marks a record, going down to the historical minimum (16.9% of the work forces between 15 and 24 years in February, according to the last Istat detection). But on the condition of young people the signs are at least conflicting: in the 25-34 year the employed the employees went down in a month (February on January 2025) by 42 thousand and the inactive increased by 70 thousand, without forgetting that i Neet, that is, young people up to 34 years of age who do not work and do not study are 18%equal to 2.1 million (2023 data). All while, in the decade 2013-22, 352 thousand young Italians in 25 and 34 years old who have transferred the residence abroad And of these more than 132 thousand graduates, the president of Istat, Francesco Maria Chelli said yesterday in an audition in the parliamentary commission of inquiry on the effects of the demographic transition.

The boom of the over 50s at work

These data on young people contrast with the general ones, which indicate an increase in employment in February of 47 thousand units (567 thousand in a year) and a Unemployment decline to 5.9%, the lowest level since 2007. Thus, if the Minister of Labor, Marina Calderone, and the majority exult for the results « who reward our action », Marco Seghezzi, president of Adapt, Association of Studies at work founded by Marco Biagi, observes that, despite a positive general framework, « evident critical issues remain for the intermediate age groups, with a worrying growth of inactive. It is significant – he adds – that Almost all of the new employees are represented by Over 50 workers, a fact that is largely explained as a consequence of the Fornero law, with workers who remain longer in the market». Suffice it to say that the employees over 50 exceeded the record threshold of 10 million (10,099,000. To be precise) equal to 41.5% of the total. They were less than half, 4.7 million, in February 2004 (21% of the total). A trend that will continue given the demographic scenario.

Chelli, in fact, traced a alarming picture. The Italian population has been continuously decreasing since 2014. Today we are at an altitude of 58.9 million, but in 2050, according to the « median » scenario, we will drop to 54.8 million and in 2080 even at 46.1 million, « with a total drop from the base of 2023 of 12.9 million residents », he underlined. An increasingly old population, with the over 85s will pass from 3.8% of residents in 2023 to 7.2% in 2050, « It will push up the levels of public spending in the health, social security and welfare fields ».

The retirement age will rise

The prospects for the increase in life expectancysaid the president of the INPS, they « borrow an important growth, with current legislation, of the age to retirement». Chelli did not enter into the merits of decisions that are due to the government. The League has repeatedly announced that it will oppose any age adjustment for retirement to life expectancy. The next shot should start from 1 January 2027, With 3 months more to retire old -age pension (67 years and three months) and early retirement (43 years and one month of contributions, one year less for women). Then these limits should be adequate every two years, as required by the law, with a progression which, on the basis of the latest median demographic scenario of Istat (base 2024), He should bring age for old age pension to exceed 68 years in 2037 and 69 years in 2051 . Unless a stop that comes from the government. But a law is needed.
(In the table above, the scenery of the state accounting of the State with Istat data on Base 2023. With a 2024 base – scenario of which there are still no official data – the retirement age can climb further))