Increasing the amount of the pension and, in some cases, anticipating its start date: these are the scenarios that can be realized by requesting the redemption of the degree.
This regulation is provided for by Legislative Decree 184/1997, which establishes that the maximum redeemable period corresponds exclusively to the legal duration of the degree course. Therefore, years outside the course and periods already covered by contributions, as in the case of work, are not included.
Degree Redemption Mechanism
The degree buyout allows new graduates to contribute to their pension fund by recognizing their university studies. This process can be advantageous for those who want to increase their future pension.
It is essential to consider that the request must strictly comply with the terms established by current legislation. Coupled with this, it is essential that interested parties understand the economic implications linked to this choice, since the redemption involves a financial burden that must be carefully evaluated.
Those interested in redeeming their degree are invited to learn more about the methods and requirements required by the decree, to ensure a correct guarantee of pension rights during their working life. The competent institutions provide detailed information on the processes necessary to start this practice and on any available benefits.
Article published on 14 February 2025 - 12:22
The pension increase seems like a great opportunity for new graduates who want to ensure a better future, but it is important to understand the costs involved. This article offers some helpful information.