Coefficients for severance pay and work credits - January 2026

Lorena Scaperrotta

Economist

Public Finance and Taxation

Tuesday 24 February 2026

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In the month of January 2026, the national consumer price index for blue- and white-collar households (FOI) considered net of tobacco*, was 100.4 with a change of +0.3 compared to December 2025.

The coefficient useful for the revaluation of severance pay accrued as at 31 December 2025, according to Article 1 of Law 297/1982, is therefore equal to 1.00363025.

Please note that the notification of the coefficient of the TFR is also disseminated through the 'TFR Announcement' service, which can be reached on 06-5903417.

Attached are the tables of coefficients for the revaluation of severance pay since January 2003 and the work credits since 1 January 1990.

*With the January 2026 data, the base for the FOI index became 2025 (the previous base was 2015=100).

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