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07/04/2021

Brexit and pension provisions: specifications concerning the Withdrawal Agreement UK-EU

Online the instructions issued by the INPS

The Circular no. 53 issued by INPS on April 6th, 2021 provides detailed explanations regarding the Withdrawal Agreement signed between EU and the UK consequent to the so-called Brexit, regarding retirement provisions and detailed rules on the exchange of information among social security institutions, as well as further specifications of the applicability of the Withdrawal Agreement.

First, the Institute reminds that on December 24th, 2020 – after the Withdrawal Agreement was signed – the European Union and the European Atomic Energy Community on one side, the United Kingdom and Northern Ireland, on the other side, entered into an Agreement on commercial exchanges and cooperation (Trade and Cooperation Agreement - TCA) according to which the respective social security systems shall be coordinated in accordance with the Protocol on Social Security Coordination - PSSC, which forms an integral part of the same TCA.
Pending the exam of the TCA by the European Parliament and the Council and its ratification by the European Union, the Parties have agreed to apply the Agreement on a temporary basis for the period between January 1, 2021 and February 28, 2021, furtherly extended until April 30, 2021.

With specific respect to the retirement provisions, the Institute points out that, on the grounds of the terms of the PSSC (art. SSC.7 entitled “Aggregation of periods”), the provisions of the INPS regarding the international aggregation to ascertain the right and the calculation of pension benefits shall continue to apply, also taking into account the insurance periods, facts or cases occurred after December 31, 2020.
For further details please refer to the Circular Letter.

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