Italian pension fund contributions: tax deduction
Contributions to a supplementary pension scheme — yours and your employer's — come off your total income up to EUR 5,300 a year from tax year 2026 (the cap was EUR 5,164.57 before). Severance pay (TFR) paid into the fund does not count towards the cap. What you save depends on your tax band: each euro deducted is worth 23%, 33% or 43% of gross IRPEF.
2026 rules — verified on September 25, 2026Free, no account
Your result
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Sources and assumptions
- Gazzetta Ufficiale — D.Lgs. 5 dicembre 2005 — tax year 2026, verified on September 25, 2026
Excerpt from the source : « A decorrere dal periodo d'imposta 2026, il limite di cui al primo periodo e' innalzato a euro 5.300 »
- Gazzetta Ufficiale — TUIR (DPR 917/1986) art. 11 — tax year 2026, verified on September 24, 2026
Excerpt from the source : « a) fino a 28.000 euro, 23 per cento; »
- Gazzetta Ufficiale — TUIR art. 11 — tax year 2026, verified on September 24, 2026
Excerpt from the source : « a) fino a 28.000 euro, 23 per cento; »
- Gazzetta Ufficiale — TUIR art. 11 — tax year 2026, verified on September 24, 2026
Excerpt from the source : « b) oltre 28.000 euro e fino a 50.000 euro, ((33 per cento)); »
- Gazzetta Ufficiale — TUIR art. 11 — tax year 2026, verified on September 24, 2026
Excerpt from the source : « b) oltre 28.000 euro e fino a 50.000 euro, ((33 per cento)); »
- Gazzetta Ufficiale — TUIR art. 11 — tax year 2026, verified on September 24, 2026
Excerpt from the source : « c) oltre 50.000 euro, 43 per cento. »
Calculation assumptions
- Cap from article 8(4) of Legislative Decree 252/2005, raised to EUR 5,300 from tax year 2026 by the 2026 Budget Law (Law 199/2025), whose changes apply from 1 July 2026: the calculator applies the new cap to the whole of 2026.
- What counts is contributions paid by you and by your employer or client; accruing severance pay (TFR) paid into the fund is a separate source of funding and stays outside the cap.
- The saving is the difference in gross IRPEF at 2026 rates, worked out on the taxable income you enter before this deduction. It ignores regional and municipal surtaxes and any effect on tax credits.
- Not covered: the higher deduction for people in their first job, contributions paid for dependants (which share the same cap), and the tax on the pension benefits themselves.
Go further
Related calculators
Neighbouring calculations: the other side of the same decision, or the step that follows.
- Italian income tax (IRPEF) — gross tax by bracket
- Italian severance pay (TFR): yearly accrual and revaluation
- Italian employment income tax allowance (detrazione lavoro dipendente)
- Italian domestic worker contributions: tax deduction (up to EUR 1,549.37)
- Tax on Italian pension fund payouts — benefits, advances and withdrawals
This result is provided for information purposes only and does not constitute personalised tax advice. Check your situation with the tax authorities or a professional.