INPS, published circular for TFR/TFS advance for pensioners

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(Finance) – INPS has published the circular containing operational instructions for the ordinary advance of TFR/TFS that they can request pensioners registered with the “Credit and Social Unitary Management”.

From 1 February 2023in fact, the Institute grants the advance of part or all of the TFR/TFS accrued, but not yet due, with a interest equal to 1% fixed and a withholding tax for administration costs equal to 0.50%.

There request advance payment of TFR/TFS can be submitted on the INPS website or through a delegated person or at the CAF and patronage institutes.

If the above request is accepted, INPS itself will prepare a draft transfer proposal, making it available in the personal My Inps area of ​​the member, who will have 30 days to sign it and send it back to the Institute. Upon receipt of the TFS/TFR transfer proposal, the Institute verifies and transmits acceptance of the proposal or non-acceptance to the applicant.

The member can always withdraw from the request of advance of the TFS/TFR, without any charge at their own expense, until the Institute accepts the relevant transfer proposal.

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