Old Age Pension Scheme for Shopkeepers
Gestione commercianti
Coverage
Mandatory insurance
- Owners of a small-scale enterprise in the commercial, service or tourism sectors, independently of the number of employees, who mainly rely on own personal work (self-employed), with the help of family members.
Financing
General finances
- PAYG-financed from insurance contributions.
- Partially tax-financed.
Contribution rates
- Fixed share of company income, workers aged 21 and above: same as old age pensionscheme for craftsmen; reduced rates for workers under 21 (22% and 23%); annual minimum income is set at EUR 3,850; annual maximum at EUR 78,965.
Administration
- National Institute for Social Security (INPS) collects contributions and manages the scheme.
- Supervision by Ministry for Labour and Social Policies and Ministry of Economy and Finance.
Qualifying Conditions
Qualifying conditions
- Same asfor old age pension scheme for private sector employees (FPLD).
Early retirement
- Same asfor old age pension scheme for private sector employees (FPLD).
Combining employment & retirement
- Same asfor old age pension scheme for farmers, tenant farmers and sharecroppers (CDCM).
Benefits
Pension benefits
- Same as for old age pension scheme for private sector employees (FPLD).
- Fourteenth payment (14ma pensione): same as for old age pension scheme for farmers, tenant farmers and sharecroppers (CDCM).
Benefit calculation
- Same as for old age pension scheme for craftsmen.
- Indexation: same as for old age pension scheme for private sector employees (FPLD).
Taxation and social security contributions
- Same as for old age pension scheme for private sector employees (FPLD).
Coverage
Financing
Administration
Qualifying Conditions
Benefits
Mandatory insurance
- Owners of a small-scale enterprise in the commercial, service or tourism sectors, independently of the number of employees, who mainly rely on own personal work (self-employed), with the help of family members.
General finances
- PAYG-financed from insurance contributions.
- Partially tax-financed.
Contribution rates
- Fixed share of company income, workers aged 21 and above: same as old age pensionscheme for craftsmen; reduced rates for workers under 21 (22% and 23%); annual minimum income is set at EUR 3,850; annual maximum at EUR 78,965.
- National Institute for Social Security (INPS) collects contributions and manages the scheme.
- Supervision by Ministry for Labour and Social Policies and Ministry of Economy and Finance.
Qualifying conditions
- Same asfor old age pension scheme for private sector employees (FPLD).
Early retirement
- Same asfor old age pension scheme for private sector employees (FPLD).
Combining employment & retirement
- Same asfor old age pension scheme for farmers, tenant farmers and sharecroppers (CDCM).
Pension benefits
- Same as for old age pension scheme for private sector employees (FPLD).
- Fourteenth payment (14ma pensione): same as for old age pension scheme for farmers, tenant farmers and sharecroppers (CDCM).
Benefit calculation
- Same as for old age pension scheme for craftsmen.
- Indexation: same as for old age pension scheme for private sector employees (FPLD).
Taxation and social security contributions
- Same as for old age pension scheme for private sector employees (FPLD).
Legal Basis: Laws No. 613/1966; No. 223/1990; No. 335/1995; No. 311/2004; No. 214/2011; No. 147/2013; No. 232/2016; Income Tax Act (DPR) No. 917/1986 (Testo unico delle imposte sui redditi, TUIR).