This benefit is available to individuals who, after reaching that age, are no longer eligible for unemployment benefits, including standard unemployment compensation or exceptional unemployment benefits.
In addition, this subsidy can be received indefinitely until normal retirement age. From that point forward, pension payments begin.
Requirements to receive the subsidy for people aged 52 and over
According to the Public State Employment Service, SEPE, those seeking to receive this aid must satisfy the following conditions:
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be in an unemployment situation
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be 52 years of age or older on the date the subsidy eligibility conditions are met
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be registered as a job seeker for at least one month after the end of the unemployment benefit being received. Registration must be maintained for as long as the subsidy is received
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fulfill the activity commitment included in the grant application
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have no income of any kind higher than 75% of the minimum interprofessional salary in monthly terms. If this requirement is not met at the time the triggering event occurs, the subsidy remains accessible if it is met and verified within one year from that date
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confirm that all requirements, except age, for accessing any contributed pension are fulfilled, meaning 15 years of pension contributions, with at least two of those within the last 15 years, and that unemployment benefits have been paid for at least 6 years during their working life
SEPE: Benefits for the unemployed aged 30 to 55
The information indicates the range of supports available to unemployment recipients within this age band. [Source: SEPE]
Increase in support for citizens aged 52 and over
The monthly subsidy amount for people over 52 years old is set at 80% of the IPREM, the Public Revenue Indicator. In 2022, this was 463.21 euros per month.
The news is that this amount rose in 2023 to 480 euros per month, delivering an additional 16.79 euros monthly to beneficiaries. [Source: SEPE]
SEPE specifies that the aid is paid in monthly installments, typically between the 10th and 15th of each month following the counted month. [Source: SEPE]