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Pensions

PAYMENT OF INPS PENSIONS ABROAD

For the payment of pensions (more than € 411,000) to entitled residing abroad (in 131 countries), INPS relies on a credit institution awarded a tender that is renewed every three years. The bank in charge of the service in turn operates through corresponding credit institutions in the different areas.

Pensions are paid to residents abroad every month. Pensions below a legally established limit are paid semi-annually as is the case for pensioners in Italy. Pension payments are generally made by crediting the pensioner’s bank account.

The bank in charge of payments is responsible for annually verifying the pensioner’s living existence, address and residence.

As of February 2012, the payment of pensions abroad is entrusted to Citybank.

The procedures agreed upon between INPS and Citibank for providing existence in life require the pensioner to complete a “Certification of Existence Life Form” (which he or she shall will received from the same bank at his or her home address), sign the form by having the signature notarized by the Consular Office or a public official recognized by the legislation of his/her Country of residence, and send it to the bank. All information are available at www.inps.citi.com, including a list of Public Officials empowered to authenticate the “Certificate of the Existence in Life” in each Country, or geographical area, and telephone and e-mail references dedicated to user assistance, to which interested parties can also directly apply.

BILATERAL AGREEMENT BETWEEN ITALY AND KOSOVO

For the time being, there are no bilateral agreements between the two countries related to the above mentioned issues