The retirement goal is getting closer and closer and you're starting to wonder how much your pension check could correspond to?
The amount of the pension depends on several factors, which vary depending on the calculation system applied. While in the case of the salary calculation - i.e. the one applied to the contributions accumulated up to 31 December 2011 by workers who, on 31 December 1995, had a minimum of 18 years of seniority - the contributory seniority, the rate of return and pensionable income, the type of pension, the transformation coefficient and the amount of contributions paid are used for the contribution calculation .
To know exactly how much you will receive, you can carry out a reliable pension calculation with MiaPensione , an agency which, thanks to its team of experts, is able to provide useful advice also regarding early pensions, redemption of contributions, etc.
But why should I know in advance how much you will get once you reach retirement age? And what to do if this figure is not satisfactory? Let's find out together.
The importance of knowing the amount of the pension in advance
Knowing as soon as possible how much you will receive once you reach retirement age is of fundamental importance. Carrying out this calculation too late means in fact no longer being able to make up for a particularly small pension allowance.
On the contrary, by carrying out the calculation in advance , it will be possible:
- make sure that the sum you receive does not force you to excessively reduce your standard of living ;
- identify solutions that could help you obtain a slightly higher pension ;
- where you have the opportunity to take advantage of various types of retirement, choose the most economically convenient solution with greater awareness.
Pension calculation is not only useful before retirement, but also after. In this second case it allows you to make sure that the amount of the allowance received is correct and not, on the contrary, lower than that to which you would be entitled.
How to increase your retirement income
In the event that the calculation of the pension returns an amount that is too low, it would be possible to ask for help from consultants in order to identify the most suitable solutions to obtain a slightly more substantial check.
Depending on individual situations, different advice may be provided, from giving up early retirement or one of the subsidized formulas to redeeming the degree or contributions not paid for other reasons . Among the many solutions also includes the use of complementary social security formulas, which allow you to obtain a second retirement income.
Supplementary pensions , which include open and closed pension funds and PIPs , are forms of investment - including insurance - protected by law, accessible even to non-workers. Those who decide to join it pay additional contributions out of their own pocket, which do not go into a social security fund, but are used by the fund manager to carry out the purchase and sale of securities. In addition to personal payments , it is possible to increase the capital invested in the pension fund through severance pay and payments made by the employer .