Tax legislation
Italy’s public-sector TFS payment times in 2027
Tax legislation · · 2 min read
By Lorenzo Schiavone · calculator developer
The waiting period for the Italian public-sector end-of-service benefit (TFS) falls from 12 to nine months for employees who meet pension eligibility requirements from 1 January 2027 and leave service for a qualifying reason. The 2026 budget law has already enacted the reduction. A new budget bill before the Chamber of Deputies proposes further changes from 2028. INPS circular 30 on the enacted deadlines
Who qualifies for the nine-month wait
The reason for leaving service matters as well as the date you become eligible for a pension. The deadline applies to the public-sector benefits covered by the circular, including cases where the benefit due is TFR.
For the standard cases in the table, the paying body has up to three months to pay once the waiting period ends. For service ending due to incapacity or death, the circular gives a separate 105-day deadline. INPS circular 30, sections 2 and 3
| Reason for leaving service | Wait |
|---|---|
| Age limit or qualifying compulsory retirement, pension eligibility reached by end of 2026 | 12 months |
| Same reasons, pension eligibility reached from 1 January 2027 | 9 months |
| End of a fixed-term contract | 12 months |
| Voluntary resignation | Generally 24 months |
How the amount and first payment date differ
The gross TFS or TFR amount determines the instalments. Up to €50,000 is paid in one go. Above €50,000 and below €100,000, the first instalment is €50,000 and the second covers the balance. From €100,000 the schedule provides for two €50,000 instalments and a third for any balance. INPS circular 30 on instalments
For example, €75,000 gross means a first instalment of €50,000 and a second of €25,000 12 months later. The first payment date depends on the reason for leaving. The amounts are gross, before deductions.
What would change after 2027
Article 50 of A.C. 3174-bis would cut the nine-month wait to six for those who reach pension eligibility in 2028 and three in 2029, in cases covered by that deadline. For new pension eligibility from 2030 and retirement at the age limit, the payment process would start at the end of employment, with the payment window referred to in the bill. The proposal would also change instalment thresholds from 2031 for those departures. Bill A.C. 3174-bis, article 50
As of 8 November 2026, these steps are under discussion. To estimate your payment window, check the pension eligibility date, the reason for leaving recorded by your administration and the gross amount of the benefit.
Frequently asked questions
Do nine months apply if I leave in 2027 but qualified for a pension in 2026? ▾
The reduction requires pension eligibility from 1 January 2027 and a qualifying reason for leaving. If you reached eligibility in 2026, check the deadline for your reason for leaving.
Does the deadline apply to voluntary resignation? ▾
For voluntary resignation, the circular generally provides for 24 months from the end of employment, followed by a three-month payment window.
Is the first €50,000 instalment take-home money? ▾
The threshold and instalments are gross. The amount you receive depends on deductions from the benefit.
Sources and method
- INPS · circular 30 of 27 March 2026, TFS/TFR deadlines and instalments
- INPS · payment deadlines for public employees
- Chamber of Deputies · text of bill A.C. 3174-bis
Each guide states the period it covers and the assumptions behind its examples. Net pay estimates flag any prior-year municipal rates. The actual monthly payslip may differ from the annual average.