The paper analyses the pension reforms implemented during and after the Great Crisis in Italy (2011-2019), and evaluates whether a recalibration of the pension system and, more in general, of the Italian welfare state was involved. More specifically, through a multidimensional theoretical framework, the article assesses the distributive implications of the pension reforms not only within the pension realm but also by considering their interplay with those reforms that occurred in three specific sectors-namely, the labour market, the family, and anti-poverty policies. Pension reforms therefore are analysed in terms of welfare reform packages, where old and new policy instruments from different social policy fields are included. The work shows that recalibrating the Italian welfare state is still very difficult.