State issued retirement pensions are the main source of income of 7.4 million Italian households, an ISTAT report reveals. But over 36% of Italy's pensioners are getting less than 1,000 euros each month and those currently employed are set to receive less and less as they hit retirement in the future.
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In the previous six reports of this series, there was no significant measurable difference to be found between the Italian American population and the American population as a whole. However, in this report we see some very significant differences in income and earnings measures. Also, poverty is a reality in our community!