Italy's 2026 Budget Law increases pension fund tax deductibility and introduces automatic enrollment

Italy's 2026 Budget Law aims to boost supplementary pension fund participation through automatic enrollment and increased tax deductibility. The new legislation raises the tax deductibility limit for contributions to 5,300 euros, encouraging more individuals to join pension funds. This reform seeks to strengthen Italy's long-term pension system by making supplementary pensions more accessible and attractive to a wider population.