Friday, May 13, 2016

early retirement, with Ape 1-3 percent cut – Il Sole 24 Ore

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This article was published May 13, 2016 at 07:25 hours.
the last change is the May 13, 2016 at 8:34.

A cut between 1 and 3% a year. With the possibility of arriving eventually at 4% for the highest checks. To formalize the gap for the reduction of pension benefits with Bee takeoff (pension Advance) that outputs to the board of the “over 63″ will make it more flexible is Matteo Renzi himself. That, “Porta a Porta”, confirms the fact that the reduction of the pension will be variable based on the number of years of the advance and the amount of the check perceptible on reaching the retirement threshold. “We are studying a mechanism knowing that there are constraints in Brussels and the laws must be credible,” said the premier. He adds: “The mechanism must provide that to retire, you must be willing to give up a few percent a year, which goes from 1% to 3%. Only for those who are in bad shape, they have lower pension and have 65 years you can remove the 1%, for others you can maybe get to 4%. “
Renzi adds that the intervention on pensions will be” in the law of stability “for 2017, but does not rule out the possibility of doing so already taking this year (” even if we manage before, but we are studying the numbers “). It says he is ready “to also meet with the pensioners’ unions tomorrow.”

The comparison will be developed on the plan they are working for a long time the economic control room of Palazzo Chigi, led by Undersecretary to the Presidency, Thomas Nannicini. The financing of the transaction will be provided largely by banks and insurance companies, that will provide to deliver through the INPS slices of early pensions for the “loan” effect. Which will then be refunded by the pensioner in installments with a multi-year path from the moment will be reached old age requirement.
The interest guarantee banks and insurance will be borne by the State, for a swinging cost between 800 million and one billion. The intervention coverage will not concur resources from any solidarity contribution pensions with high amounts, provided for example by the package of proposals presented by the president of INPS. In the event of crisis or restructuring could be provided a direct contribution of enterprises. It facilitated a mechanism could take for workers employed in arduous tasks. Everything referring to the policy of “selectivity” solicited by the resolution of the majority at the last Def, approved in recent weeks by Parliament.

The project will in any case structural: a benefit from it should be permanently those over 63. In the first phase (probably from 2017) he would start with those born in ’51, ’52 and ’53. Later, as he has said Labour Minister, Giuliano Poletti, should touch those born in the next three years. “The problem is that in Italy there have been real shame: until the 80s there were pensions baby, then he started saying that it was necessary to retire a little ‘later,” says Renzi. He adds: “The principle that has led to increase the retirement age is not wrong, but the way it’s been done has brought a range of pensioners, born between 1951 and ’55 to wait 66 years,” with a downgrade compared to those born just a year before. “Maybe many are pleased to be working, but there are also people who run the boxes,” says Renzi.
Based on the latest hypotheses developed by the technicians cut for each year in advance of the retirement requirement should hit dry measuring by tapping the check transversely and the remuneration that compose social contributions. The device still needs to be refined, not too penalizing pensioners with low benefits and also for not causing a stop in Brussels. Among the issues to be resolved also that related to the path to redemption of early retirement to be repaid in installments. Depreciation may be between 10 and 20 years with different life stages depending on the extent of the check received for years in advance.



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