comes the August 2026 pension slip and, for many pensioners, the amount of the check could present some surprises. The most significant impact will be on tax adjustments related to the 730/2026 form, which can translate into refunds o withheld, but also any interventions of theINPS related to the failure to communicate income. In some cases, in fact, those who have not fulfilled the required obligations could suffer a 5% reduction of the monthly amount.
August 2026 Pension: When Will the Payment Arrive?
Il payment of August pension The usual schedule will be followed: credit will be made on the first banking day of the month, with the exception of January.
For those who receive their pension through Poste Italiane, the availability of the amount is foreseen by Saturday, August 1, 2026. Those who have chosen to have their money credited to their bank account will receive the payment from August 3rd. For the cash payments the limit established by the legislation remains: they can only be made for amounts up to 1.000 euros net. For larger sums or in the presence of multiple pension and welfare benefits, INPS uses traceable payment instruments.
August pension pay slip: how refunds and deductions work on Form 730.
The main novelty of the pay slip concerns the tax adjustments of the 730/2026 form For pensioners who have designated INPS as their tax withholding agent. In practice, if a credit is found on the tax return, the pensioner will receive the refund directly from their pension. If, however, an amount is due, the amount will be withheld from their monthly check.
Who chose the paying taxes in installments will still have to complete the payments by NovemberFor this reason, if the declaration is submitted after the deadline, the number of installments may be reduced compared to the one initially chosen.
INPS Payslip: Refunds and Adjustments Easier to Read
To make consultation easier, INPS has changed the way in which they are indicate some items on the pay slipRefunds and deductions are now reported separately, so the pensioner can more easily understand which transactions changed the final amount.
The details of the adjustments of the 730 model can also be consulted online through the "Tax assistance (730/4): citizen services" service, available on the INPS website and on the app INPS Mobile.
5% pension cut: who is affected?
Among the new features of the August pay slip there is also the 5% withholding tax which concerns some pensioners who receive income-related benefits, such as supplements to the minimum pension, social increases, fourteenth salary or some survivors' pensions.
The reduction applies to those who have not yet reported their 2022 income to INPS, despite receiving a reminder from the Institute. The withholding is applied to the gross pension amount and, after the one already applied in July, can also be applied to the September installment. It appears on the pay slip under the heading "Income Tax". failure to report income.
Tax Return: What to Do by September 15, 2026
Affected pensioners can avoid more serious consequences regularizing their position by September 15, 2026by submitting an application for income reconstitution with the required information. INPS has sent a dedicated communication to those involved, which is also available in the MyINPS personal area and, if available, via certified email (PEC) or email registered in the Institute's contacts.
If the declaration is not submitted within the deadline, the income-related benefits relating to 2022 will be definitively revoked and the Institute will also proceed with the recovery of sums possibly received without being entitled to them. They remain excluded from this procedure, civil disability benefits, social benefits and social pensions.
Why does INPS require income tax returns?
Some benefits are awarded based on a subsequent verification of the pensioner's financial situation. For this reason, INPS annually verifies beneficiaries' income, also using data already available from the Revenue Agency.
Those who have already declared all their income through the 730 model or Personal Income Tax Form, in most cases, you do not need to make any further communications.
The request is made only when the Institute does not have all the necessary information. In that case, the pensioner can submit the data via the service. Pre-filled Red, using Spid, Cie or Cns, or by contacting a Caf or an authorised intermediary.
What to do if your pension amount is different than expected
If the amount of your August pension is different than usual, the first step is check the pay slip and check the entries present.
Before proceeding with any suspensions of income-related benefits, INPS sends a reminder through various channels, including MyINPS, the IO app, the INPS Mobile app, the pension pay slip, and the Digital Pension Consultant service. Since 2022, the Institute has also provided a video personalized guide which explains why income tax reporting is required and what consequences may arise from failure to do so.
Checking your pay slip allows you to immediately determine whether the change in the amount is due to a 730 refund, a tax withholding, or a reduction related to failure to report your income.
