The measure, contained in the Budget Bill, sets a timetable for waiting times which will progressively shorten until they run out completely. In 2029, for example, for public sector employees who meet the pension requirements by the end of the same year, it will take three months to see the payment of their Tfs recognized. From 2030, however, for those who leave their job due to reaching the age limit, the severance pay will start at the moment of termination.
In the "road map" introduced by the government in Maneuver there is also room for raising the threshold for requesting payment of the TFS in a single solution. Also in this case, a progressive timetable is followed, starting from 2031 when the settlement can be paid in full within a limit of 60 thousand euros, ten thousand euros more than what is currently expected. In 2032 it will be possible to request the entire Tfs up to 70 thousand euros, a threshold which rises again to 80 thousand in 2033 and 90 thousand in 2034. Finally, the date to be circled in red on the calendar is 2035 when "retiring" will be the installment plan and retired PA employees will receive the full amount of credit envisaged by the end-of-service indemnity upon leaving work.
With an overall nine-year plan, the government aims to eliminate the differences between the end-of-service indemnity and the severance pay (TFR) recognized to private sector workers. Currently, a non-state employee observes average waiting times of no more than 30 days from the date of cessation of activity. The collective agreements set a limit of 90 days within which the TFR credit must be paid.
Behind the discrepancy on crediting times lies the person responsible for managing the allowance due with the old-age pension. As regards severance pay, it is the responsibility of the company or, alternatively, of the supplementary pension fund to carry out the liquidation which in most cases occurs immediately. In the public sector, however, the TFS "lies" with the INPS and the State has often raised cash by drawing on the money and extending the crediting times.
Over the years, the continuing delay in the payment times of the TFS has come under the scrutiny of the Constitutional Court which, with sentence number 130 of 2023, reminded the legislator of the need to intervene. According to the judges, the postponements on the liquidation are to be considered incompatible with the constitutional provisions on fair remuneration.
Recently, the Constitutional Court itself once again called for - this time with order number 25 of 2026 - the abolition of the TFS in installments introduced in 2010. The judges warned of the need to envisage a process in stages to avoid an excessively sudden impact on public finances with possible deleterious effects, albeit temporary, on the state's finances.
In view of the entry into force of the de facto rule starting from 2028, the General Accounting Office of the State calculates that the progressive shortening of the TFS crediting times will entail an overall cost of 4.18 billion euros in the decade 2027-2036. Naturally, it is not a question of "extra" resources but of the lack of cash advance on which the State has been able to count until today. In the future, public coffers will have to be able to liquidate the treatments, with average amounts of 100 thousand euros, intended for over 36 thousand state employees leaving each year.
