Home » Business » Pensions mockery, less money in November: why a sum will “disappear”.

Pensions mockery, less money in November: why a sum will “disappear”.

With November around the corner, the INPS payment calendar is widely defined; for bad news pensions, credits may be lower than expected.

Every month INPS has a well-defined calendar in which payments are alternated pensions to those of the other social allowances paid by the Institution. As regards pensions, the month of November it is marked by some changes compared to previous months and unfortunately there is the joke of the checks becoming even smaller.

Pensions mockery, less money in November: why a sum will “disappear” – lavocetorino.it

The first important thing to underline regarding November pensions is that for the next month pensions will not be credited from the 1st. Sled in fact one day the initiation of payments; being the 1st of November red on the calendar for the Feast of All Saints’ Day, the institution and the various territorial offices are closed for this reason all payments will be dismissed starting from day 2.

The pension calendar will therefore follow the following order:

  • Saturday 2 November surnames from A to C;
  • Monday 4th the letters from D to K;
  • Tuesday 5 November surnames from the letters L to P;
  • finally on Wednesday 6 November we will proceed with the surnames from Q to Z.

Apart from this, however, there are news regarding the deductions and increases in November pensions; a real joke for some pensioners who will see a sum disappear.

November pensions, goodbye to Model 730 deductions

At the end of last year, INPS carried out the recalculation of tax withholdings to be applied to the tax year, providing for the recovery of the amounts due starting from the months of January and February. If the deductions from the pensions of these two months are not sufficient for the total recovery, the INPS has the right to provide for deductions also in the following months and until the total recovery of the debt.

Euro banknotes with model 730November pensions, goodbye to Model 730 deductions -lavocetorino.it

Another reason for withholding, perhaps the least unexpected by pensioners, concerns the deductions relating to the presentation of the Model 730 for the tax return.

Since August, INPS has started – according to the documentation submission calendar – refunds and withholdings for pensioners who have submitted tax returns. Those who sent the 730 model by September 30th will see it in November failure to credit deductions requests if you are not entitled to them. Finally, they will also be retained regional and municipal surcharges referring to the previous year and which are recovered in 11 installments from January to November.

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