Pensions INPS: 80s generation is likely to get 75 years – The Messenger

important, because in Italy there is a low social security culture and a financial awareness even lower, especially among young people. We found many obstacles, especially for sending orange envelopes because, I want to say with sincerity, there was fear in the political class, the fear that giving this information may penalize, “noted about delays and difficulties for the information campaign with which the Institute disseminates projections of the future pension. For Boeri weighed “the fear of being punished electorally.”

should be introduced flexibility in output in the pension system “tight deadlines” because “there is a very heavy penalty of young people and given the level youth unemployment there is the risk of having lost entire generations in our country. ” In Italy the levels of youth unemployment are “absolutely unacceptable.”

In the first two months of 2016 were signed 291,387 contracts of indefinite duration (including transformations) while terminations, always permanent contracts were 254,274 with a positive balance of 37,113 units. The figure is worse than last year (-74% compared to +143,164 contracts of the first two months of 2015), affected by the reduction of subsidy on permanent contracts and the large acceleration in stable employment in December. The figure is even worse in 2014 (+87,180 stable places).

Overall, the assumptions activated by private employers excluding domestic workers and agricultural workers in February 2016 was 341,000, with a drop of 48,000 units (-12%) on February 2015. This slowdown – INPS explains in its monthly report on precarious – involving essentially open-ended contracts (94,961, -33% on February 2015). Terminations, on the whole are decreased by 7%; while those indefinitely are in line with February 2015. The flow of indefinite transformations is in sharp decline (-50%).

The labor

relations flows in the first two months of 2016 – explains INPS ‘suffering from the advance linked to the fact that in December 2015 was the last month to take advantage of the exemption contributory three years. In that month, there were nearly 400,000 in established labor relations – activated or processed – with contribution exemption, nearly four times the average of the preceding 11 months (107,000) “. With the law of 2016 stability, in fact, it has been introduced a new form of incentive given to open-ended contracts and to the transformations of forward ratios of workers who, in the previous six months, have not had working relations indefinitely. The measure of Facility provides for the reduction of social security contributions paid by the employer (excluding Inail premiums) equal to 40% (within the annual limit of 3,250 euro) for two years.

in two months of the new open-ended contracts it has been activated 212,978, more than 107,000 fewer than the 320,054 in the same period of 2015. the completed reports transformations were 61,749 (72,378 in the first two months of 2015) while those from apprenticeship have been 16,660 ( rising about 13,448 of the first two months of 2015). The more terminations of permanent contracts were slightly lower compared with 254,274 closures of 262,716 in the first two months of 2015.