Cession of the fifth retirees how does it work?


As a pensioner, thanks to the INPS agreement, you will be able to access the Cession of the fifth pensioner.

What is it?

Pension loan

This form of financing requires that the withholding of the loan installment be debited to the pension directly by the INPS. In fact, the INPS will pay it monthly to the financial institution and you will no longer have to worry about remembering the payment of the installments, it will all be done automatically.

What is the maximum installment that can be paid with the fifth of the pension?


The calculation of the fifth is carried out on the monthly net pension, this means that for a pensioner who receives a monthly pension of 1,000 euros the maximum installment that can be transferred to pay the loan will be 200 euros, this does not mean that it will be possible to pay an installment for a lower amount, normally the minimum payment is about 60 euros, so it is possible to access the fifth pensioner even if you receive a pension of 600 euros.

The duration of the loan can vary from 5 to 10 years, which will allow you to get even large amounts up to € 40,000.

The maximum age to apply for a pension assignment? 86 years at the end of the financing. Therefore if you are 76 years old you can apply for a loan with a maximum duration of 10 years.

Another advantage not to be underestimated is the compulsory insurance policy by law included in the financing, this policy completely covers the risk of premiere, thus avoiding tomorrow the compensation on the heirs because the insurance will go to extinguish the financing completely.

Access to the salary loan is very simple because the only documents required are: Identity card, health card and the pension slip.

No guarantors are required, the only guarantee will be your pension, and no reasons or justifications for the financing are required.

Is it possible to finance all pension categories?

Unfortunately there are some pension categories that are excluded from this financing and are:

  • civil disability
  • social allowance

You can receive a free quote without obligation by clicking here it is simple and will not bind you in any way to having to proceed with the practice. just fill out the request form and a Fingenia consultant will contact you and provide you with all the useful information, advising you if necessary the solution that suits you best.

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