Pension reform, incentives are being studied for those who remain in work

DEF sees the finish line from deficit to public debt

(Finance) – We are moving towards one Pension reform which will have as its underlying theme the commitment to do not burden public finances and extend the working age, through the offer of incentives to prolonging one’s working career. This is what transpires, in view of the drafting of the Budget, from some details of the Structural Budget Plan, which provides the framework for the economic policy of the coming years and aims to preserve the sustainability of the public accounts.

The first commitment made by the government towards the EU, based on the new rules, is not to burden the public accounts, therefore also the pension reform will have to meet “sustainability” criteria of the budget, given that pension spending is constantly increasing and that, due to the decline in births, there are fewer and fewer active workers.

The pension reform does not propose abandoning the 67-year criterion of age under the Fornero Law to retire, as advocated by the League, but rather offers incentives for stretching of the career path. “The extension of working life is a necessity”, underlines the draft of the Budget Law. In fact, some are foreseen prizesunder certain conditions, for those who decide to extend work activity, while being able to retire.

Also for the public employment is expected to abandon the mandatory retirement requirementoffering solutions that allow an extension of working life and allowing the Public Administration to “retain resources with high know-how and to achieve an effective handover.”

Always to ensure the sustainability of the pension system and ensure a dignified post-work life there is one push towards supplementary pension provisionthrough the strengthening of pension funds and incentives to take out insurance.

It is also planned confirmation of Quota 103i.e. the pension advance which starts upon reaching 62 years of age and 41 years of contributions, as well as the benefits of Woman Option and Social Beededicated to those who do particularly demanding and demanding jobs. The hypothesis of moving to 41, which involves leaving the world of work upon reaching 41 years of contributions regardless of age, would therefore seem to have definitively faded away.

Also save the pension revaluation to adjust allowances to the cost of living and the increase in minimum pensions.

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