Pension and graduation redemption: how it is calculated, how much it costs

How much does the redemption of the degree cost? What are the benefits for retirement? A new online service is available on the INPS website for assessing the effects of redemption of the degree for retirement purposes, which can be used with any mobile or fixed device, PC, tablet or mobile phone. The service provides information, on the basis of current legislation, on the various types of redemption and possible tax advantages, and allows you to obtain an indicative simulation of the redemption, its installment, the starting date of the pension (with and without redemption) and the pension benefit. resulting from the payment of the charge. The service can be reached via the path “Performance and services> Services> Ransom Degree – Simulator” and does not require credentials for its use. The information, in fact, is entered anonymously by the user and must be considered purely indicative and indicative: only following a formal submission of the redemption request, the process of which provides for the verification of the contribution actually paid and additional data present in the INPS archives to be used for the calculation, will the Institute be officially notified. Interested users can continue to deepen the service by authenticating with their credentials. In this way, the interaction with the service will be guided by the user data present in the Inps archives (contribution paid, periods worked, etc.) and any simulations will be calculated on the basis of these data. In the restricted access section it is also possible to submit the redemption request to the Institute.For the moment, the simulation is available for users in the condition of unemployed and for those who fall entirely within the contribution calculation system of the pension as it is the periods to be redeeming and working days are after 1995, but later a version will be released that integrates the calculation even if there are periods prior to 1996.