Friday, July 8, 2016

INPS, 6 million pensioners below a thousand euro per month. Boeri: forward on flexibility, no partial measures – Il Sole 24 Ore

INPS urges long been a “comprehensive action” to overcome the rigidities imposed by Fornero reform on pensions. It would be “paradoxical that the confrontation between the government and social partners are still in progress conclude once with extemporaneous and partial actions.” This was stated by President Tito Boeri, explaining to the House the annual report of the institute and remembering, among other things, that the Fornero reform has created “social hardship” among workers with more than 55 years and made “more difficult ‘entry into the labor market of young people “, helping to increase unemployment of those under 30. the report


 

Annual highlights, among other things, that nearly six million pensioners in Italy (38% of the total) have pension income of less than € 1,000 a month (they were 6.5 million in 2014).



Accommodation, Boeri: flexibility in output can be sustainable

Boeri: Ape goal is freedom, not pushed to go out
Boeri has called “very positive “that the Government and the social partners are comparing to identify possible corrective, with forms of flexibility in output. Starting from the advance pension (Bee). But, given the complexity of the solutions is “fundamental – he added – to ensure that all those who will one day exercise flexible output options to be able to fully understand the implications of their decisions.” There is no denying – continued Boeri – that “twenty-year depreciation rate of a loan constitutes a permanent reduction of their future pension. Nor can it be denied that, continuing to work, the taxpayer would be entitled to a higher pension. ” That’s why the goal of the Bee, “should not be certain to push people as possible to leave the labor market ‘, but’ to ensure greater freedom of conscious choice, without increasing the pension debt and without creating generations of retirees poor. “



Accommodation, EPA in the game even revaluations, ricongiunzioni and strenuous

“Safeguards esodati expensive and inadequate”
As to the need for action organic on pensions, the president of INPS recalled in the annual report that the correction to the law Fornero, starting at 7 safeguards in favor of esodati “appear very expensive and inadequate.” The safeguards adopted have indeed “eroded up to one sixth of the savings achieved by the 2011 reform and that’s not counting the high administrative costs of these measures both at central level and on the ground.” Not only. For Boeri “the safeguards are, in fact, a flexible retirement solution without charge dedicated to specific categories of workers.” So that “exemptions of this kind can only be justified for certain categories of workers (such as, for example, strenuous).” There are “sustainable forms of flexibility within our reach,” said the president of INPS. That’s why “perpetrating the delay in finding sustainable solutions still risks fueling the use of unfair solutions as well as extemporaneous solutions and barely effective.”



“It would be paradoxical that the confrontation between the government and social partners are still conclude once with extemporaneous and partial actions”

Tito Boeri, President INPS



Accommodation, here the possibilities already provided for flexibility in output

100 people in part-time subsidized
Recalling the need to avoid “actions extemporaneous and partial “on the front of flexibility in output, Boeri has shown that the part-time subsidized towards retirement (effective June 2) involved in the first month just over 100 people. The measure – it is stressed, – is bound to have “administrative costs exceed the amounts disbursed. ‘

” No alarm, however, benefits paid’
Boeri in its report , responding to the concerns and alarms on the Institute’s budget, said that the INPS ‘acting on behalf of the State “and that” its performance will still be paid because guaranteed by State law. ” He said, explaining that “what matters to workers, pensioners and businesses
is the consolidated financial statements of the Italian state, not the INPS budget ‘. Between 2012 and 2015, the INPS, however, has reduced operating costs by 19%, from 4.4 billion euro to 3.6 billion euro.



Accommodation, come the first orange envelopes

“Data Transparency, although indigestible”
Transparency on data and information are key INPS Tito Boeri, as a bulwark against temptation to hide the numbers when they are negative. Boers, illustrating the Institute’s annual report and referring to the criticism relating to the observatory data on precarious, said that “surprising to note that some have criticized us for offering too much information, not always convergent, in their opinion, with those provided by our institute of statistics. ” But, attacked the president of INPS, ‘coherence does not mean coincidence when the sources are different and the data are used to form an opinion only if they are credible. “



View: legitimate solidarity levy on higher pensions

Six million pensioners with allowances under a thousand euro
The annual report of INPS relative to 2015 It finds that about 6 million pensioners (5,962,650), less than four in ten (38%) shall receive gross monthly checks below one thousand Euros. Over the previous year (2014) the percentage of those who have a pension income of less than one thousand euro fell (it was 40.3%, equivalent to about 6.5 million pensioners). The number of INPS pensioners amounted to 15,663,809 with an average gross monthly amount of 1,464.41 euro. The number of social security benefits instead of 17,184,075, with an average gross monthly amount of 1,093.54 euro. In 2015 the total pension expenditure increased by more than 4 billion euro (+ 1.58%), going from 268.817 billion in 2,014,000,000,000 to 273.074000000000 in 2015.



CSC: foreign workers from 8.7% of total GDP, positive impact on public finance

“Every year migrants” give us “300 mln euro”
Boeri also recalled that in Italy immigrants pay every year 8 billion social contributions and will receive 3 in terms of pensions and other social benefits, with a net balance of approximately 5 billion. Not only. Around one point of GDP of social contributions has not been employed to provide pensions, ie about 300 million. “We calculated – said Boeri – that so far the immigrants we have” given “about a point of GDP of social security contributions in respect of which have not been paid out in pensions. And every year these non-repayable contributions of immigrants fund worth about 300 million Euros. ”

“With jobs act no increase redundancies’
In the annual report Boeri also spoke of the labor market reform contained in the Jobs Act. In particular it showed that passing the reinstatement for unfair dismissal, provided for by the Jobs Act for new employment indefinitely, has not led to an increase in layoffs. “It was feared that passing the so-called” reinstatement “would have increased layoffs – he said – but there seems to have been that way,” since “the incidence of layoffs in 2015 decreased by 12% over the previous year, very more than he could have expected in the light of the improvement of the economic situation. ”

According to Boeri, the Jobs Act standards to increasing safeguards agreements had an impact on the stabilization of the contracts in enterprises especially between 15 and 19 employees, although the increase in employment was driven mainly by massive incentives in terms of the contribution. In 2015 contracts
indefinitely grew by more than half a million over the previous year but are intended in 2016 to stabilize at this level.

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