Small loan to members registered with the ex ENAM Teachers and School Managers Assistance Scheme

The benefit is granted:

• within the limits of the financial resources provided for annually in the INPS budget;
• to meet the claimant's daily family needs.

To claim the service, therefore, it is not necessary to document any specific reason.

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The Small loan can be repaid in:

• 12 consecutive monthly instalments (if the sum of the loan is equal to the net salary of one month);
• 24 consecutive monthly instalments (if the sum of the loan is equal to the net salary of two months).
  

In the event of termination of service with the right to a pension, before the loan is repaid, it will remain effective on the pension treatment with a deduction not exceeding one fifth, valued net of withholding taxes.

If the monthly deduction is greater than one fifth of the pension, INPS recalculates the depreciation schedule: 

• by recovering the excess portion from the TFR/TFS severance indemnity;
• by applying, until the right to receipt of the said TFR TFS accrues, simple interest, according to the interest rate applied to the loan.
  

Before the loan is paid off, the residual debt of the loan being amortised will be recovered by INPS from the TFR/TFS, in the event of:

• termination of service without pension rights;
• deferred pension.

It is not allowed to combine with small loans granted by:

• other institutions;
• INPS schemes, such as the Unified Scheme of Credit and Social Benefits.
  

WHAT AM I ENTITLED TO?

The amount of the loan may not exceed two net monthly payments of the current salary, including continuous and fixed allowances, excluding variable items.

The gross amount of the benefit is subject to:

• a nominal annual interest rate of 1.50%;
• a 0.5% rate for administrative expenses;
• a Risk Fund premium, applied by age groups at the maturity and duration of the loan, according to the table attached to the last page of the loan regulations.
  

At the time of disbursement of the loan, the following are withheld:

• the amount of administrative expenses;
• the amount relating to the rate envisaged for the Risk Fund.
  

An example table of the TAEG can be viewed in the attachments.

With regard to the application of TAEG, it should be noted that the relative rates:

• are provided for purely illustrative purposes;
• may vary in relation to the specific conditions of the claimant.

RENEWAL AND EARLY REPAYMENT TERMS

Renewal of a loan being amortised may take place after payment of:

• at least five monthly instalments, in the case of an annual loan;
• at least ten monthly instalments, in the case of a two-year loan in progress.
  

From the amount of the new loan, the INPS will deduct the residual debt of any Small loan in the process of being amortised.
Early amortisation of the loan can occur at any time with payment of the residual debt, using the appropriate online form, accessible from the reserved area.
The portion of the Risk Fund will be reimbursed to the claimant in the calculation of the residual, equal to the period of abbreviation of the guarantee. 

To request early repayment of the loan being amortised, click on the "Use the service" button.

In the event of early repayment of the loan, the member may:

• submit a new Small loan claim, only after the terms for the renewal of the loan have expired.
  Then, five or ten months from the first instalment of the loan that has been repaid early;
• submit a claim for the granting of the small loan of the Unified Scheme of Credit and Social Benefits.
  

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More specifically, the Small Loan may be accessed by:

• teachers and school principals with permanent contracts, in service at state primary and infant schools;
• fixed-term teachers in state primary and infant schools, IRC teachers, teachers in officially recognised primary schools. In addition, school principals and teachers at infant schools managed by municipalities or moral bodies, enrolled upon claim and after at least five continuous years of contribution.
  

For members with a fixed-term employment contract, the duration of the loan may not exceed that of the employment contract, subject to the maximum limit of 24 monthly repayment instalments.

Furthermore, enrolled in the ex ENAM Teachers and School Managers Assistance Scheme cannot take out Small loans whose maturity exceeds their retirement date.

HOW CAN I CLAIM?

The claim must be submitted online according to the indications in the User Manual for Small loans for registered users (pdf 3030KB).

Those in service enrolled in the ex ENAM Teachers and School Managers Assistance Scheme must:

• access the INPS portal;
• generate a security code to be communicated to their administration to proceed with the request for activation of the claim;
• communicate the code to their administration, according to the methods envisaged and not through the INPS portal;
• after the claim has been activated by the relevant administration, the member may complete and submit the claim.
  

The following must be attached to the claim:

• the latest pay slip;
• a substitute declaration of sworn affidavit from the claimant, certifying the conformity and originality of the documents attached to the claim (this declaration can be made directly through the claim procedure without having to attach further documentation);
• a copy of a valid identity document.
  

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The table attached to the Regulation shows both the deadlines for defining the decisions established by the Institute that are longer than the normal 30-day period, and the indication of the relative manager.

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