Pension Reform: the latest EPA, how will it work? – Blasting News

The pending pension reform EPA was presented by Matteo Renzi during social #Matteorisponde weekly meeting. Such intervention should be accommodated in the already Stability Law of 2017 that will be drafted by the Ministry of Economy within in October. The measure’s objective is to increase flexibility in the exit from the labor market, but at the cost of a pension penalty on the check delivered. Let us now see what the audience of stakeholders and the method of calculating the APE

EPA: stakeholders and penalties

The EPA, early retirement allowance , will have a maximum time horizon for early retirement threshold of three years. The beneficiaries should be all subscribers to the mandatory pension funds that are missing no more than three years to obtain a retirement pension. Current requirements for early retirement is 66 years and seven months of age over twenty years of contributions. So the first subjects to benefit would be those born between 51 ‘and 53′.

The cost of the advance, according to rumors, should not be supported directly by the INPS social security funds. Should in fact be private institutions such as banks and insurance to cover the loan granted to the employee and the role of the state would remain only an intermediary level. This solution would allow the government to not having to ask for additional flexibility on deficit at the European Commission, however, remains on the field the issue of the takeover interessi.Per regards the penalties, they should be between the two and three per cent a year. For checks that exceed the minimum treatment ( 1,505 monthly € ), the penalty could be increased by one point. The plan of the government on pension reform finally could predict even the interventions in favor of the work strenuous and dell ‘ Option bu a another year.